Polycule Operation Guide: Quickly Navigate Polymarket's Telegram Bot

With the growing demand for mobile from crypto-native users, prediction market platform Polymarket has seen a more accessible tool.

Polycule is a lightweight Telegram bot designed specifically for Polymarket, aimed at simplifying the prediction market trading process and lowering the operational threshold. Users can participate in on-chain YES/NO betting directly through Telegram commands without the need to open a web page or install additional applications, covering popular topics such as politics, sports, and encryption.

On June 7, krish, the founder of Polycule, announced on the X platform that the project has received a $560,000 investment from Alliance. Alliance is one of the most influential startup accelerators in the Web3 space, and this round of funding will be used for product refinement and ecosystem expansion.

Once this news was released, it sparked intense reactions in the market. As of the time of writing, its platform token $PCULE has surged nearly 200% in price within 24 hours, followed by a period of consolidation. This token was launched by Polycule founder krish on the bellive platform on May 18.

From Chat Trading to Token Flywheel

mobile trading + group social, build a new entry for prediction market

Unlike the traditional web-based trading experience, Polycule has migrated the prediction market to the Telegram chat environment. Users only need to add the bot @polycule_bot to complete full-chain trading operations through commands. For example:

  1. Paste any Polymarket market link into the dialogue box, and the bot will automatically load the corresponding market.

  2. Enter /trending to view the list of trending markets.

  3. Enter /buy YES 50 to place a bet of 50 dollars on the "YES" option.

  4. Enter /positions to view your current position status.

One of the highlights of Polycule is its robust group support and social trading features. Unlike traditional trading interfaces, Polycule supports the "social broadcasting" feature within groups. Once users add the bot to a Telegram group, all trading operations are automatically broadcasted, facilitating members to exchange strategies and track others' activities, creating a real-time collaborative trading atmosphere. This mechanism transforms the prediction market from an individual activity into a collective experience, allowing users to learn from each other's strategies and insights in real-time.

At the same time, Polycule has broken through regional restrictions. Currently, Polymarket is subject to usage limitations in regions such as the United States, and the official platform lacks a native mobile experience. Polycule leverages the global popularity of Telegram to overcome regional and device limitations, allowing trading to occur at any time and on any device.

In addition, Polycule supports transactions on the Polygon chain, allowing users to complete operations such as deposits, withdrawals, and token exchanges within the chat interface. The features also include advanced options such as limit orders, price charts, and market alerts to meet various trading needs.

PCULE token mechanism and repurchase model

PCULE is the native token of the Polycule platform, which offers holders a discount on transaction fees, reducing them from 0.05% to a minimum of 0.01%. Additionally, Polycule will initiate a token buyback and burn mechanism whenever its transaction fee income exceeds $10,000, driving up the token's scarcity. This mechanism, combined with the trading activity of the community, creates a self-reinforcing flywheel model.

Under the positive feedback of active trading, token rise, and influx of users, Polycule is quickly becoming the main entrance for prediction market users. Next, the team will also launch strategy copying, Solana cross-chain recharge, and more comprehensive group tools to further expand scenario coverage.

Source of the image: Polycule project white paper

According to official sources, Polycule will expand to more messaging platforms in the future, introducing strategy following, trader rankings, cross-chain recharge support for chains like Solana, and optimizing UI and trading speed.

The launch of Polycule has opened a new entry point for prediction markets and provided Telegram users with a low-threshold way to participate in on-chain finance. With the rise of social trading methods, prediction markets are gradually transforming from marginal tools into experimental grounds for community consensus.

How do new users get started with Polycule?

  1. Start the bot: Open the official website, or search for @polycule_bot on Telegram and click Start to initiate interaction.

  1. Create or import a wallet: The bot will automatically generate a Polygon network wallet or allow the import of an existing address.

  1. Deposit Assets: Transfer USDC (Polygon network) to the generated wallet address to participate in market trading.

  2. Browse and Trade Markets: View markets through commands or place orders directly. The robot will provide a concise interface displaying price, liquidity, and trading volume information.

!

  1. Join social trading: Add the robot to the group, automatically enable in-group trading broadcast functions, suitable for DAO, analysis communities, or interest groups following trading scenarios.

  1. Asset management: Users can check their balance through /wallet, withdraw with /withdraw, or exchange USDC with PCULE through /swap.
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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