1
You stake
You bet USDT on an outcome.
2
Your stake earns interest
While the match is on, your stake sits in a vault that lends it into Morpho and earns interest — keeping a buffer ready so you can claim any time.
3
Everyone gets their stake back
When the match ends, every player reclaims their full stake. This is guaranteed on-chain: the vault only ever earns, so principal is always redeemable 1:1.
4
The interest becomes the prize
The interest earned by the whole vault is the prize. Winners split it — and backing an underdog wins a bigger share.