> For the complete documentation index, see [llms.txt](https://smily.gitbook.io/smily-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smily.gitbook.io/smily-docs/version-1.1.md). # Version 1.1 **The prediction table on Base. Back your read on crypto, sports, finance, politics and more. The sharpest read takes the pot.** Smily is a peer-to-peer prediction game built on Base. You join a room, you stake $SMILY, and you compete against other players to read real-world outcomes better than they do. The best forecaster takes the pot. There is no house playing against you, and the house never takes the pot. This is not a casino where the building always wins. It is not a coin-flip betting site. It is a skill game with the credibility of a real prediction market, the structure of a poker hub, and the energy of a degen floor at peak hours. ## The one-line version The real markets of a serious prediction market, played in fast social rooms like a poker app, with the adrenaline of a casino. You stake $SMILY, you out-read the table, you take the pot. ## What makes it different Three things, and they hold the whole product together. **No house edge.** The house never plays against you and never takes the pot. It returns 97% of every pot to the players, burns 2%, and keeps a transparent 1% to run the operation. **No insider edge.** Every room mixes several uncorrelated domains. No one is an insider on everything, so a single tip cannot win a room. To take the pot you have to read the whole table, which is skill, not access. **Provably fair.** Sealed questions, hidden answers until reveal, verifiable randomness, and frozen resolution snapshots. The math does the policing, not a promise. ## The token $SMILY has a fixed supply of one billion, no minting, and a 100% fair launch to the community. There is no team allocation, no treasury cut, and no pre-mine. Value accrues through continuous buy pressure from entries, redistribution to winners, and a 2% burn on every pot. Supply only ever goes down. ## How to read this documentation Start with the [Overview](broken://pages/14bd3986a3b227a0f2322815804712d3ee239894) for the full picture, then [The Prediction Table on Base](broken://pages/771eabde0cbf07b0e2ea489dd9dddc7506bc0a0c) for the thesis and the market, and [Architecture](broken://pages/865596b28bd46787b161893dc13aecf95f437062) for how the system fits together. From there, the game pages cover formats, the game loop, the prediction system, scoring, payouts, and integrity. The token pages cover the economy, the buy-in tiers, fees and the burn. Being right pays. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://smily.gitbook.io/smily-docs/version-1.1.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.