source avatarLucas Martin Calderon

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most prediction markets can only list what's already famous, and the reason is mechanical. to trade a market, someone has to be quoting both sides. that's a market maker, and they only show up where the volume is worth their time. elections. rate cuts. the next pope. anything niche fails that test. not for lack of interest, there's just nobody willing to sit there making the price. a bonding curve removes the requirement. the curve prices both outcomes itself, so a market is tradable from the first trade with nobody on the other side. that's the difference between a catalogue someone approves, and one anyone can add to.

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