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Poly.Market which he mentions (and where I bet on the US election) just uses a stablecoin (USDC) pegged to the US dollar. Same situation for the DAI he mentions
by Tenoke 6y ago
Poly.Market which he mentions (and where I bet on the US election) just uses a stablecoin (USDC) pegged to the US dollar. Same situation for the DAI he mentions he used. So this is an already solved issue.
- xur17 6y agoI've used Poly.market a few times and been pretty happy with it - they use a second layer network, so after depositing, trades are fairly cheap (you just pay a market maker fee, no crypto miner fee as far as I can tell). Downside is that the outcome is provided by the poly.market creators, but your actual bets are non-custodial.
- ketamine__ 6y agoThe fees were quite expensive before they started using Matic.