Vitalik: If prediction markets can solve the interest problem, there will be a large number of hedging application scenarios and further rise in volume.
According to BlockBeats news, on August 25, Ethereum founder Vitalik Buterin stated on Warpcast, “An important point I want to add to the debate about the pros and cons of prediction markets is that most mainstream prediction markets currently do not pay interest, which makes them very unattractive for hedging. Because participating means giving up a guaranteed annual return of 4% in dollars. I expect that once this issue is resolved, a large number of hedging applications will emerge, and the volume will further rise accordingly.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Vitalik: If prediction markets can solve the interest problem, there will be a large number of hedging application scenarios and further rise in volume.
According to BlockBeats news, on August 25, Ethereum founder Vitalik Buterin stated on Warpcast, “An important point I want to add to the debate about the pros and cons of prediction markets is that most mainstream prediction markets currently do not pay interest, which makes them very unattractive for hedging. Because participating means giving up a guaranteed annual return of 4% in dollars. I expect that once this issue is resolved, a large number of hedging applications will emerge, and the volume will further rise accordingly.”