Prediction market project Sight said it is moving ahead with SightEVM, an EVM-based layer-2 network built specifically for prediction markets. The project said the goal is to reduce reliance on gas pricing set by underlying chains. According to Sight, Robinhood Chain will remain one of the deployment networks, while its contracts will also be deployed on other EVM chains. Sight added that gas fees on SightEVM will be paid only in SGT, and that it does not plan to issue a separate token for the chain. The team also said fees, block parameters, and capacity are intended to be set by SightEVM itself, while the underlying chain will handle settlement and data availability. The update was shared by Sight in a post on X.
Prediction market project Sight said in a post on X that it is advancing SightEVM, an EVM-based layer-2 network designed specifically for prediction markets, with the stated aim of reducing reliance on gas pricing on the underlying chain.
According to the project, Robinhood Chain will remain one of the deployment networks, and its contracts will also be deployed on other EVM chains.
Sight also said gas fees on SightEVM will be paid exclusively in SGT. The project said it will not issue a separate token for the chain. Fees, block parameters, and capacity are intended to be set by the network itself, while the underlying chain will be responsible for settlement and data availability.
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