FAQ
What is Wormhole?
Wormhole is a decentralized cross-chain messaging protocol that enables seamless communication and data transfer between different blockchain networks. It acts as a universal interoperability layer, allowing tokens, NFTs, and smart contract messages to move seamlessly across chains.
Why Polyquest?
Polyquest is a cross-chain prediction market built on Wormhole, using Solana as its main network while supporting custom tokens, including meme coins. It provides decentralized prediction markets with multi-chain interoperability, reducing transaction latency and enhancing liquidity.
Is My Asset Safe?
Yes, Polyquest employs smart contracts and Wormhole's verified messaging layer to ensure secure cross-chain transactions and fund safety.
How Can I Become a Creator?
Prediction market creators must be whitelisted. If you believe you are capable, apply through our official application form.
What Blockchains Does Polyquest Support?
Currently, Polyquest supports Solana, Binance Smart Chain (BSC), Base, Arbitrum, and Avalanche, with future plans to expand to additional chains.
How Do Cross-Chain Predictions Work?
Polyquest uses Wormholeโs messaging layer to allow users from different blockchains to participate in the same prediction market. This eliminates the need for users to bridge assets manually, providing a seamless experience.
What Tokens Can I Use on Polyquest?
Polyquest supports custom tokens, including meme coins, to enhance user engagement and accessibility across multiple chains.
What Are the Fees for Using Polyquest?
Transaction fees vary depending on the network being used. Solana offers lower transaction fees compared to EVM chains. Polyquest does not impose additional fees beyond what is required for smart contract execution.
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