Vitalik: "Prediction markets could see greater demand if collateral interest issues are resolved"
Uk Jin
Summary
- Vitalik Buterin, co-founder of Ethereum, mentioned the problem of not paying interest on collateral in prediction markets.
- Vitalik stated that currently, participating in prediction markets means having to give up a 4% annual interest.
- He predicted that if this issue is solved, trading volume could increase greatly.
There were comments suggesting that trading volume could increase if the issue of not paying interest on collateral in prediction markets is resolved.
On the 24th (local time), Vitalik Buterin, co-founder of Ethereum (ETH), stated on Farcaster, "Currently, major prediction markets do not pay interest, so they're not attractive," and pointed out, "To participate in prediction markets, you have to forego 4% annual interest."
He added, "If this issue could be resolved, trading volume could grow significantly."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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