Will the future $POLY token be backed by Polymarket equity ? @williamlegate seems to indicate that the airdrop will somehow be linked to the coming Polymarket IPO One way it could work would be by making $POLY token pegged to stock price. There is nothing technically difficult about it, you can already trade $NVDA shares on Hyperliquid in their tokenized versions. In fact you can even trade Anthropic shares that aren't even public. Polymarket being the issuer would make that even easier. In fact It wouldn't be any more complicated than issuing a stablecoin, which Polymarket already does. That would be an elegant way to resolve the conflicting incentive of equity and token holders. They are both vehicles made to capture part of the value of the platform, and if they remain uncorrelated then they will be competing for this value, which will create friction between token and stock holders. It's just a theory right now but screenshot this just in case

@Autonomous_Chad @williamlegate they could issue tokenized stock with something like @SuperstateInc this is not just a theory, poly and one of their earliest investors have hinted something along these lines several times

@n0rulesnvr @williamlegate @SuperstateInc exactly, it would be a first for projects that size but it's a proven model. But I didn't know they actually hinted at it already, where was it ?

@Autonomous_Chad @williamlegate @SuperstateInc x.com/1confirmation/… i think shayne or possibly legate or one of the poly accounts also dropped a hint but don't remember what

@Autonomous_Chad @williamlegate @SuperstateInc i think it was something directly hinting at the 2 in 1 but don't remember, might be my mind playing tricks on me but imo the legate post is exactly the same iphone combined existing features in 1, the poly token would do the same

@n0rulesnvr @williamlegate @SuperstateInc "iphone combined existing features in 1, the poly token would do the same" - mind blown, i didn't even consider this interpretation