3 ms·
I made an article a day back how Polymarket is not exactly fair when it comes to market resolution (https://omarabid.com/polymarket-bet/ https://omarabid.com/po
by csomar 4mo ago
I made an article a day back how Polymarket is not exactly fair when it comes to market resolution (https://omarabid.com/polymarket-bet/ https://omarabid.com/polymarket-bet/) They actually don’t decide on market outcomes, they outsource that to UMA which is as opaque as it can get.
Consider the probabilities in polymarket as the prob. of the polymarket market itself outcomes rather than reality.
- Saline9515 4mo agoAlso UMA holders who get to judge do participate in markets.
- felooboolooomba 4mo agoNot a stretch to call that a conflict of interests.
- KeplerBoy 4mo agoWow, this is so much worse than i thought.
- felooboolooomba 4mo agoYes, an recent example here: https://www.reddit.com/r/Polymarket/comments/1ubxixr/am_i_in_the_wrong_here/ https://www.reddit.com/r/Polymarket/comments/1ubxixr/am_i_in...