Gm gm frens
What's going on?
Polymarket Token incoming?
Polymarket raised $2B at a $9B valuation.
But the cracks are starting to show
➖ UMA oracles secure Polymarket markets
➖ UMA whales are actively trading against Polymarket users
➖ The infamous Zelensky suit market was rigged- media confirmed he wore a suit, but whales voted No (because they had bets on No)
➖ This damages trust at the core of prediction markets
👉 The solution is Polymarket needs its own token and oracle
👉 A $POLY token would secure markets, align incentives, and stop UMA manipulation
👉 With $POLY, Polymarket can also expand into tokenized stocks
Market will force their hand.
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