USDC collateral - ezpz.fi

All trading on ezpz.fi is collateralized in USDC(for now), a dollar-pegged stablecoin on Solana. You deposit USDC, trade outcome tokens, and withdraw USDC. There is no separate platform token used as collateral. There will be more stablecoins and tokens added in the near future.

Full collateralization

Every YES/NO pair is backed by USDC locked in the market:

Action	What happens
Mint	$1 USDC (minus fees) → 1 YES + 1 NO token
Redeem (win)	1 winning token → $1 USDC from market vault
Lose	Losing tokens → $0

The market USDC vault holds all player stakes for that market. Winners are paid from the same vault and not from a house bankroll. Think of it as user 2 user. Winners collect from losers, and vice versa.

Where your USDC lives

Location	Purpose
Self-Custodial wallet	Spendable USDC balance; holds your outcome tokens
Market vault	USDC backing open positions on a specific market
Parlay pool	USDC backing parlay predictions
Fee vaults	Platform and maker fees skimmed at mint

Devnet vs mainnet

On devnet, ezpz.fi uses a test USDC mint for development. On mainnet, standard USDC applies. Always confirm which network you are on before depositing.

Outcome tokens — mint, swap, redeem flow
Fees — what is skimmed at mint time
Deposit & withdraw — funding your account