




crydevil
1.9K posts

@crydevil_crypto
In Prediction Markets We Trust | Building @PolyReward | https://t.co/p3IX3p5yw1







Over 7 days Polymarket distributed $914K in rewards and this trader solo farmed more than 10% of it I wonder if he’s hedging the risk somewhere else, and whether that’s even possible Because if it is, that’s absolutely broken



$6 MILLION. 🚨 Announcing $100,000 in liquidity rewards for every Men's CBB Tournament game on Polymarket US. Let the madness begin. Get started 👇 docs.polymarket.us/incentives/liq…




$38,732 in rewards in just 24 hours! That is how much the number one trader on the leaderboard earned Ever since Polymarket added a major rewards pool for sports events, the leaderboard has completely changed It is also interesting that traders who previously focused on politics (like YatSen) are now farming rewards too It seems to be HUGE EV+ See for yourself (in the 24H tab) : polyrewards.fun



Almost a month has passed since Polymarket introduced sponsor rewards Let’s look at the stats: > The top 1 market maker earned $20,638 from sponsor rewards alone > 1,942 market makers managed to farm markets with sponsor rewards As for the sponsors themselves: > Total number: 8,288 (5,763 wallets sponsored less than $10) > The top 1 sponsor - "shaynehelpme" accidentally sent $70,000 He was able to recover $32,000 thanks to a quick update from the team Source: polyrewards.fun

Fun fact: All top 20 traders in the crypto category over the past month on @Polymarket are bots.

Which ones of you assholes decided to start copy trading me? I would not recommend it




Both Kalshi and Polymarket raising new rounds at 20B valuations each. That’s not gonna end well. Don’t get me wrong, I love prediction markets. Genuinely one of the best use cases to come out of crypto and have the highest respect for both of these teams. But mark-up round after mark-up round, each more disconnected from reality than the last, and the gaps between rounds getting shorter every time. We all know how this ends: IPO at an insane valuation, bleeds from day one, retail holds the bag. Can we not, just for once, not do this again?