Scott

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Scott

Scott

@Scott_eth

founder @sharexyz, polymarket's social trading app founded @geniexyz (acquired by @uniswap)

nyc Katılım Şubat 2021
3.4K Takip Edilen22.1K Takipçiler
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Scott
Scott@Scott_eth·
been cooking something with @Polymarket @sharexyz, polymarket's social trading app launching this week. dm for early access.
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good
good@thenarrator·
a few prediction markets social apps on my radar right now and all different shapes, all worth a try the pattern they share: they're financial products where the social graph is the core primitive > @sharexyz is the cleanest example where polymarket trades become a feed. you follow wallets the same way you follow accounts + copy-trading with profit-sharing on top (really impressive ui/ux + branding) > @TradeOnsight is a polymarket client built for traders. visible positions, mutuals' calls in your feed, payouts tied to being right > @hivy_alpha prediction markets become group activity. shared positions, collective alpha, rewards for participation not just pnl. closer to a discord trade channel than a market interface. > @useperminal (underrated) does it on @HyperliquidX. social prediction feed, one-tap copy, you get paid every time someone copies your call or a referral trades. +apple pay in, crypto out > @turfsports_ is using a very interesting approach. they're partnering with polymarket to turn fan takes into priced positions, and they shipped sdk markets on base: a parimutuel toolkit where any community can spin up markets on anything, resolved by AI oracles that scrape ESPN, sleeper, X, podcast transcripts, whatever. every group chat becomes a potential market. some more thoughts on my side: in theory, the best distribution layer for this right now seems to be @base (for onchain). it's the only ecosystem treating consumer as the actual thesis ~550k daily active addresses and the part that matters most for consumer apps: 9.3m monthly active coinbase trading users sitting one tap away we're getting there
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Scott
Scott@Scott_eth·
@0xAfif @llamaonthebrink maybe they should change it because i got some of the biggest market makers excited about this yday 🤣
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Afif
Afif@0xAfif·
@Scott_eth @llamaonthebrink You have to buy the same three leg position with leg C flipped, which is an entirely new position that will be more expensive than your original position depending on how much it was down. You always have this option anywhere its just a question of liquidity for all the steps
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Scott
Scott@Scott_eth·
@llamaonthebrink @0xAfif if leg C is losing a user can remove the leg from their parlay by buying the maker’s leg C (which is winning) and merge them this is useful for when the rest of the parlay is still worth saving
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MilliΞ
MilliΞ@llamaonthebrink·
@0xAfif Oh okay so then I definitely misunderstood it I thought you could add up each individual position without the opposing side for that exact leg
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Mustafa
Mustafa@mustafap0ly·
Introducing taker tier rebate program - poly.market/taker-tier Get rebated up to 50% of all trading fees on polymarket, earn $ level up bonuses, and be eligible for large future rewards. Will be live starting next week 🙂
Mustafa tweet media
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Scott
Scott@Scott_eth·
obviously @polymarket parlays will benefit sports, but I'm personally excited about parlays for longer term markets (politics, finance, geopolitics) where leverage is needed hopefully polymarket can find RFQ partners to quote those markets
Scott@Scott_eth

Parlays are coming to @Polymarket Here's what the code tells us: → works across all categories (sports, politics, wars) → every combo gets its own market + order book → up to 50 legs per parlay → add or remove legs anytime amoy.polygonscan.com/address/0x5462…

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bunchu@BunchuBets·
@Scott_eth @Polymarket Gonna be very hard to find unless there’s some sort of collateral return/credit system for mms. Making these is already incredibly capital intensive and the whole game is rolling over your bankroll.
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Josh
Josh@devjoshstevens·
Introducing the unified TypeScript and Python SDKs, now in beta. One consistent surface for Polymarket discovery, market data, trading, account data, and realtime streams. Python ships with both async and sync clients, so you can choose the model that fits your app. Docs: docs.polymarket.com/dev-tooling Coming soon: unified API, Rust SDK, and React SDK. Our goal is to build the best developer tooling for Polymarket integrations. Feedback welcome: drop it in the discord dev channel, reply here, or DM me.
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Scott
Scott@Scott_eth·
@llamaonthebrink @Polymarket that seems like the intention but i would expect the payout to be lower in exchange for that flexibility
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MilliΞ
MilliΞ@llamaonthebrink·
@Scott_eth @Polymarket I wonder if we will see parlays being unwound if their one of their legs is close to losing to save the rest of the legs In that case they’re pretty superior to traditional parlays which die if one leg dies
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Scott
Scott@Scott_eth·
Parlays are coming to @Polymarket Here's what the code tells us: → works across all categories (sports, politics, wars) → every combo gets its own market + order book → up to 50 legs per parlay → add or remove legs anytime amoy.polygonscan.com/address/0x5462…
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Scott
Scott@Scott_eth·
@llamaonthebrink @Polymarket yeah the contract is fully reversible: every compose operation has an inverse (unwrap, mergeFromYesBasket, merge, inject), so a parlay can be unwound back to its individual legs or all the way to collateral at any time
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MilliΞ@llamaonthebrink·
@Scott_eth @Polymarket Does this allow splitting the markets back to their original form as well? If so that would be truly unique and cool from Polymarket.
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Scott
Scott@Scott_eth·
@CryptoChrisG aliens are going to definitely be tampering UMA
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Ƀ@CryptoChrisG·
@Scott_eth At that point the cash out is null & void 💀
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Share
Share@sharexyz·
The best way to trade @Polymarket on mobile ✦ Browse trending markets ✦ See live charts and odds ✦ Predict in a couple taps Download Share, Polymarket's Social Trading App 👇
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Scott
Scott@Scott_eth·
@_kanarazu_ would bring a lot of market makers in :)
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Kana@_kanarazu_·
Should we enable flash loaning pUSD in Polymarket’s next protocol? What use cases does this have? Who would build on top of this?
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Scott
Scott@Scott_eth·
@theweb3jess fashion can completely change with a real time feed of what you’re friends are buying brands can reduce their marketing costs since their customers will directly market to their friends which will have a higher conversion rate than a more expensive influencer
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Scott
Scott@Scott_eth·
@theweb3jess for boomers and readers in general: they will use it to see real time financial reactions to things they own to help them make decisions
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Share
Share@sharexyz·
Share is @Polymarket's Social Trading App • Real time scores, charts, and odds • See who’s betting, their size, and open PNL • See what traders are saying • Make a prediction and then share the reasoning behind your trade
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