@vitalik.eth: Prediction markets need interest payments to unlock hedging
AI summary of the linked articleVitalik Buterin argues that prediction markets need to pay interest before hedging use cases can open up. He says major prediction markets currently mostly don't pay interest, which makes them unappealing for hedging because participating means giving up a guaranteed 4% APY on the dollar. He expects hedging use cases and trading volumes to grow once this is solved. |
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