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Kosku

Kosku

@0xRella

Katılım Eylül 2015
968 Takip Edilen184 Takipçiler
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Kosku
Kosku@0xRella·
prediction markets parlay apps are about to enter an involuntary battle royale and most of ct doesnt even know why
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Doug Colkitt
Doug Colkitt@0xdoug·
The year is 2026. AMMs are finally dead. Long live the professional RFQ. Liquidity from trading firms is better than degen LPs. Best execution wins You go to buy OcelotCoin but ESG score is too low. Not to worry, Morgan Stanley has curated a collection of responsible meme coins
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Financelot
Financelot@FinanceLancelot·
The problem with being ahead of the curve is everyone thinks you're retarded
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dash
dash@datadashboards·
What dashboard would y’all wanna see me work on next?
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Kosku
Kosku@0xRella·
any new unlocks on gold? can the dev do smth?
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ghøst
ghøst@decenterghost·
@0xRella @parlettodotbet Few realize its a structured position The number of hedging strategies this unlocks is genuinely insane. You're not building a parlay platform. You're building a structured products desk on top of prediction markets Really cool!
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Parletto
Parletto@parlettodotbet·
Why is there a max stake on parlays? Your potential payout needs to be backed by liquidity in the bookie pools that quote your odds. If you bet $100 at a 10x multiplier, the system needs to lock $1,000 from the pool. Not enough liquidity? You'll see the max available stake before you bet. The higher your multiplier, the more liquidity required; the lower your max stake. A 50x parlay needs $5,000 locked for every $100 bet. If the pool has $10k available, the max stake drops to $200. This protects both sides. Bettors know their payout is guaranteed if they win. Bookies don't get overexposed to single bets. Transparent limits. No surprises. You see the max before you place the bet.
Parletto tweet media
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Kosku
Kosku@0xRella·
parlays are locked at the moment of placement. however, the current bookie architecture gives us the flexibility to make parlays fully tradable in a future v2, with odds dynamically adjusting based on the pricing of the individual legs on poly, while also making them collateralizable
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ghøst
ghøst@decenterghost·
@parlettodotbet One more thing, does this mechanic allow for live betting? If markets update in real time during the event, can a bettor add a leg to an existing parlay mid-game, or is the whole parlay locked at the moment of placement?
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Parletto
Parletto@parlettodotbet·
prediction market traders what’s your favorite category? sports politics crypto economy culture
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Kosku
Kosku@0xRella·
leverage is coming to prediction markets
tsybka@tsybka

On the Polymarket horizon, a potentially promising project called @parlettodotbet has appeared. Many of us really miss traditional parlays, where you can combine multiple events into a single bet - just like it used to be done in traditional sportsbooks. Parletto solves this problem. Here you can be a trader or act as a bookie (providing liquidity). When a trader wins a bet, the bookie loses money. But when the trader loses, the opposite side earns instead. The project has already received the Polymarket Developers badge. At the moment, it is being tested on the Arbitrum network, and according to rumors, it will launch on mainnet very soon - where each of you will be able to place your first parlay. I will leave the full project documentation in the comments under this post.

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Parletto
Parletto@parlettodotbet·
Why can you always place a bet on Parletto? Because liquidity is already there. > You don't need to find someone to bet against > You don't wait for a counterparty > You don't hope the house pays out When you create a parlay, your potential payout gets reserved from the pool automatically Your $100 stake at 10x multiplier? $1,000 gets locked immediately. If you win, that money transfers to you. If you lose, it unlocks back to the pool. No matching. No waiting. No counterparty risk. Bookies deposit USDC into bins and take the other side automatically Guaranteed payout if you win.
Parletto tweet media
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Kosku
Kosku@0xRella·
@Vithrax @parlettodotbet u can see the avab. liq. for that specific odd, before you place the parlay, if there is no liq. u cannot place it
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Vithrax
Vithrax@Vithrax·
@parlettodotbet if the pool suddenly runs out of USDC, will I still be able to bet or smth?
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TylerD 🧙‍♂️
TylerD 🧙‍♂️@Tyler_Did_It·
Who's building prediction market parlays? Feel like that would cook
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ioachim viju
ioachim viju@IoachimViju·
i miss my reply guy era where I sparked convos everywhere using pro dot x dot com it bums me that i don’t interact enought w my magic internet frens
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Parletto
Parletto@parlettodotbet·
sunday funday @ the office
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Kosku
Kosku@0xRella·
imajin draftkings parlays but using PMs events/markets as legs... then imajin u can also bookie those parlays exactly like you you'd provide concentrated liquidity on @Uniswap @parlettodotbet few.
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ioachim viju
ioachim viju@IoachimViju·
You might not understand. @parlettodotbet is the first decentralized betting platform. Few.
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