November was a month of momentum, milestones, and innovations for Azuro. As we look back, let’s dive into what happened in Azuro last month:
Thailand Web3 Conference, Bangkok
Azuro participated in the THW3 Conference, hosted alongside Devcon 2024 in Bangkok. We joined a panel discussion with Drift, Pyth, and EVG, delving into the future of Prediction Markets and their potential in the Web3 space.
The End of Azuro Waves #1
After five months of engagement, Azuro Wave 1 officially concluded, and on November 14th, we distributed 10M AZUR tokens to participants.
Thank you to everyone who participated — your activity made this campaign a huge success!
The Start of Azuro Waves #2
Azuro Wave 2 is here, with a sharper focus on betting activities. Here’s what’s changed:
- DEX LP on Uniswap: Points are no longer earned through Azuro/WETH DEX liquidity.
- Liquidity Provision: Points from depositing liquidity into Azuro’s pools have been removed.
- Staking: The points rate for AZUR staking has been reduced to incentivize active participation.
Placing a bet with a $175 payout (i.e., $100 x 1.75 odds) now earns equal points to staking $1,000 for the entire campaign.
Live Betting Limits Raised
We’ve raised the live betting limit from $20 to $200, with plans to hit $2,000 per bet soon.
Insane Cashout
November delivered one of the biggest cashouts in recent memory. A bettor cashed out 100,957.06 xDAI (approximately $24,000) from a 4-leg parlay bet.
Unlike custodial platforms, Azuro ensures instant, hassle-free payouts. Whether it’s skill or luck, if you win, you win — no delays, no questions asked.
What’s Next?
As we look ahead, exciting updates are on the horizon. Here’s a sneak peek of our roadmap:
Azuro Sports V2
Azuro is expanding to cover a broader range of events and interests through a new data provider integration:
- 46 New Sports
- 199 Countries
- 10,736 Leagues
Status: Final testing & audit
Account Abstraction: Social Login
Access Azuro frontends using familiar accounts like Google, Apple, or Discord — no need for complex wallet setups.
Status: Late-stage development
Account Abstraction: Gasless Transactions
Bet directly with USDT without worrying about gas tokens, making the betting process faster and more cost-efficient.
Status: In development
Cashouts
Bettors can now have more control over their bets with the ability to sell positions back to the pool at the current odds before an event concludes.
Status: Early-stage research
Azuro is a decentralized protocol for prediction markets. Unlike industry peers, Azuro opts for a dynamic AMM-based approach under a singular concentrated liquidity pool model to underpin its prediction markets.
With modular plug-and-play components plus a rich feature set, the AzuroSDK makes it easy for developers to build fully onchain yet user-friendly apps on top of the protocol with zero upfront or running costs.
