Insiders are manipulating up to 20% of Polymarkets resolutions, according to wall street journal This is actually good and should be 100% ! The alternative would be way worse $UMA is a third party oracle that @polymarket uses to vote on market resolution. Voting power is proportional to token held by the voter. The problem ? - $UMA market cap is $33M - the World cup winner market has $2B volume and $367M open interest This means that In theory the following attack would be entirely possible : - buy a majority stake in $UMA - place huge contrarian bets on high volume markets - force a wrong resolution on these markets with your $UMA voting majority - walk away with more money that you initially invested This is why @umadotrocks was created. They aquired a large part of the $UMA supply and established a voting committee, comprised of some of the biggest traders on the platform, to vote on issues. This ensures that people voting on @polymarket resolutions stake in the platform and while the may hold shares on some markets they are deciding, there are enough traders on the committee to ensures they are never all on one side This may not be ideal, but this is a necessary evil A bandaid fix on a broken system. I believe Polymarket will soon move to an in house oracle solution when they migrate to a new $POLY chain, but in the meantime, these 20% "insiders" are actually saving our ass from a much bigger potential rug

Before the hidden clarification was published for “MSTR sells BTC by May 31st,” it was clear to me that Polymarket’s resolution would contradict the outcome one way or another. Which gave me thought: What if @Trueo_ creates contracts for whether Polymarket resolutions end up conflicting with their original rules? This could be a pretty useful tool for Poly users so they don’t get scammed, and an elegant way to onboard them to our app. Boomin idea right?

Offshore exchanges already proved the demand. Now Kalshi is making the case for bringing regulated perps to the U.S. One of the more interesting parts of this founder interview with Mr SHIFT is how they think about the future of prediction markets, crypto and financial products. The next big shift in finance might be closer than most people think. @Kalshi

ok so I still think Spirit is gonna win the major. I am sad I missed easy 6.67 odds on Polymarket,I would have placed like 300$ if I had but since I lost it all on Faze Clan, I have 0 money right now, so let's see if I would have won or not

After 2–3 rough days of continuous losses finally seeing some green again on @Polymarket 😭 Today’s NBA entries finally went perfectly: • Multiple O/U positions cashed ✅ • Around $50 won today 💸 Right now the main goal isn’t huge profits. Just trying to slowly recover, stay disciplined and bring overall PnL back to breakeven step by step 🫡 Gpoly

ABEMA has featured it, and Polymarket is gradually becoming mainstream in Japan. Predictive markets have seemed to gain considerable traction since the Biden vs. Trump presidential election. Recently, topics have expanded widely—from crude oil price trends and war endings to predictions for a project’s TGE FDV. All of these offer surprisingly useful insights, making them fascinating.

Taker tiers on Polymarket for rebate program now live @Polymarket rebate tiers have gone live You can simply go check yours through your account profile It's updated daily and based on your trading volume for the past 30 days Tiers start from bronze ($2k volume) to Obsidian ($10m volume)