The Venue
Market Bay
Permissionless listing gated by oracle class. Dead markets retire quietly, and creators keep a share of fees.
Status
Pre-launch — Moorix is not live yet. Parameters are illustrative and tunable at launch.
Anyone can open a market
Listing on Moorix is permissionless. What you can list, and how much leverage it gets, depends on the quality of its price source: its oracle class.
Oracle classes
| Class | Oracle | Max leverage |
|---|---|---|
| A | Licensed feed | up to 50x |
| B | Decentralized oracle | up to 20x |
| C | On-chain TWAP | up to 5x |
| D | Attested API | up to 2x, defined-risk only |
Oracle class definitions and leverage caps are governed by $MORX holders.
Market retirement
A market no one trades fades away at its 24h TWAP. It never vanishes overnight. The inactivity threshold and retirement process are not published yet.
Creator fee share
Market creators hold a permanent, transferable share of their market's fees. Higher ranks raise it:
| Rank | Market creator revshare |
|---|---|
| Captain | 35% |
| Admiral | 40% |
Illustrative and tunable at launch. The base creator share for other ranks is not published yet.
Listing rights & early sight
- Listing bonds are payable in $MORX at a discount, with priority ticker reservation and faster oracle-class review.
- Admirals get market proposal rights.
- Navigators see new markets 24h before the public, Captains 48h, Admirals 72h.
The bond size and discount are not published yet.