The Juice

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The Juice

The Juice

@Arrakeen_eth

Low-stakes, high-trust social wagering on the Base network. A product of @Edison_labs

Chicago Katılım Eylül 2022
708 Takip Edilen911 Takipçiler
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The Juice
The Juice@Arrakeen_eth·
The Juice Protocol Peer-to-peer bets. Settled by code. ACCESS // 01 ↓ thejuiceapp.io/new.html Enter your code below. Some doors open wider.
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Kalshi
Kalshi@Kalshi·
BREAKING: Trump officially nominates Kevin Warsh as Fed Chair
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Allan
Allan@niemerg·
Anyone want to try out a new kind of prediction market?
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Sergiu 🤖 AI Directories
Start marketing today. Share what you’re building. Drop your link in the comments 👇
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Edison Labs
Edison Labs@Edison_Labs·
I've been posting weekly BTC/ETH breakdowns + prediction market analysis in a private Discord. Opening it up. Edison Labs 🧪 → market analysis every week → prediction threads (Kalshi/Polymarket focus) → early access to what we're building on Base discord.gg/pbNCmxuwVT
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The Juice
The Juice@Arrakeen_eth·
@mansourtarek_ If you have to comment this much on one event, you guys fucked something up. No other predictions platforms had this issue, just Kalshi.
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Tarek Mansour
Tarek Mansour@mansourtarek_·
As an exchange, we resolve the market according to the rules, even when there is disagreement with the resolution. I understand many of you are frustrated about the Khamenei market, and I want to clear up a few things along with steps we have taken to improve: The market rules were not changed. The death carveout and settlement based on last-traded-price were part of the published market rules from the outset (see the screenshot from the rules, which can also be found in our official filing from 2025 on the CFTC website). The death carveout was also always shown on the market page (see market page below). Once the strikes on Iran started, we added the “Green Box” to further highlight the death carveout in the UI (this is not a rule change, just a highlight of the rules). We settled according to the rules. Traders were paid based on the last traded price. Some traders who held YES feel like they should have won (as in the market should have settled to YES). But the rules clearly stated that the market would not settle to YES in the event of death: traders expect us to settle the market based on the rules and we have to apply the rules consistently for both YES and NO holders; changing settlement because one side is unhappy would break trust in the exchange (imagine you held NO and you read the rules, but then we decided to settle contrary to the rules). Death carveouts are important; as a federally regulated prediction market, we are required and feel it is important not to enable direct profiting from war, assassination, terrorism, or other violent outcomes. No trader lost money on this market. While the rules were clear and we tried our best to highlight them, traders vocalized they were not prominent enough. We heard you, and we decided to reimburse out of pocket for all fees and all net losses from trading in the market: 1. If you sold for a net loss before settlement, we reimbursed you for that net loss and 2. if you didn’t recoup your position cost during settlement, we paid you the difference so you get your full position cost back. You can find reimbursements under "Your activity" in the app and website. No trader ended net-negative after our reimbursements. Kalshi did not profit on this market. We do not stand to benefit from one resolution or the other. We earn fees from facilitating trades. For this market, we reimbursed all fees back to users. We also reimbursed net losses users incurred on the market out of pocket, so no trader ended net negative. As a result, Kalshi incurred a substantial loss to make users whole. We will improve. We learned a lot from this market. We are updating how we present similar markets (e.g., those with a death carveout or where a death might be a likely scenario) so traders can see the exception more clearly before they trade. We will surface the exception in the title and at the top of the market page. We also recognize that the first iteration of the Green Box warning created confusion; we revised it and reimbursed net losses for the market. Going forward, we are implementing a tighter review process for UI highlights. The best part about Kalshi is you all and I'm sorry for the disappointment. We'll improve, thank you for bearing with us.
Tarek Mansour tweet mediaTarek Mansour tweet mediaTarek Mansour tweet media
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Coin Bureau
Coin Bureau@coinbureau·
🚨KALSHI CEO DEFENDS KHAMENEI MARKET AFTER BACKLASH Tarek Mansour addressed criticism over the “Ali Khamenei out as Supreme Leader?” contract, saying it was structured so traders could not profit from a death and reiterating that Kalshi does not list markets that settle on death. Kalshi will refund fees, reimburse post-death trades, and settle earlier positions at the last traded price.
Coin Bureau tweet mediaCoin Bureau tweet media
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Thomas Sanlis 🥐
Thomas Sanlis 🥐@T_Zahil·
Share your product. I'll buy my favorite, test it, and write a blog post / review about it.
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Brian Armstrong
Brian Armstrong@brian_armstrong·
What are folks building on @base this week? Will check out a few projects
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Audiencon⚡️
Audiencon⚡️@audiencon·
drop your project i’m boosting builders tonight 👇
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baba yaga
baba yaga@S_N_SH_E_·
Drop your project URL Let’s drive some traffic
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Prajwal
Prajwal@0xPrajwal_·
| ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄| | share your Product Link. | |______________| \ (•◡•) / \ / —— | | |_ |_ People can’t click your thoughts.
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zipper.hl
zipper.hl@0xlykt·
From my brief stint exploring prediction markets in greater detail: I think monitoring the Polymarket and UMA discords for arguments about certain markets is a pretty real edge
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jesse.base.eth
jesse.base.eth@jessepollak·
today is a good day to build through the bear
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Blake Emal
Blake Emal@heyblake·
Drop your project URL Let’s drive some traffic
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Martins
Martins@wogaam·
startup idea: build a prediction market trading firm where every desk is run by a superfan - music desk - football desk - tech desk - politics desk trading markets where obsession = edge culture is alpha obsession is research
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