Gate News update, April 7, on the Predict platform, the prediction market for Polymarket token issuance day FDV (fully diluted valuation) saw a broad sell-off. Current data shows the probability of FDV being greater than $2 billion is 13%, and the probability of FDV being greater than $10 billion is 6%.
According to the official settlement rules, “If, 1 day after the token issuance, the Polymarket token FDV is higher than the specified value, then this market will be settled as Yes.”
Today, Polymarket announced it will fully upgrade its trading engine and launch its native stablecoin Polymarket USD. The market is divided over whether this stablecoin counts as part of Polymarket’s token issuance, which in turn has triggered a sharp fluctuation in the probability of related events.
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