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Azuro Protocol is defined as a decentralized peer-to-pool prediction market infrastructure that champions autonomy for its users by eliminating intermediaries typical of conventional betting ecosystems. By leveraging smart contracts, Azuro Protocol orchestrates various dimensions of prediction markets, encompassing aspects such as liquidity pools, live betting, odds generation, and payout processes.
Key to its operation, the protocol permits developers to design and launch applications that harness prediction markets, thereby facilitating a diverse array of use cases within the Web3 landscape. This operational independence distinguishes Azuro from traditional sportsbooks that rely intricately on centralized governance.