video1.0<iframe src="https://www.loom.com/embed/df40e8c7de8d406ab7362a13ac6b4354" frameborder="0" width="1730" height="1297" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12971730Loomhttps://www.loom.com12971730https://cdn.loom.com/sessions/thumbnails/df40e8c7de8d406ab7362a13ac6b4354-7a7ef2f7bd0048ec.gif345.5811In this video, I explain the concept of OmniBets, a decentralized betting and hedging system. The system consists of smart contracts on EVM chains and Mir, creating vault protocols for bets. I detail the process of hedge and risk vaults, controlled by a derived account from Mir. The video also touches on the use of fully homomorphic encryption in Phoenix for shielded bets. No specific action is requested from viewers.