How complete is the Smart Vault implementation at this stage?
Permissionless market creation may also face issues such as high slippage and poor trading experience, especially in newly created markets with limited liquidity.
How complete is the Smart Vault implementation at this stage?
Permissionless market creation may also face issues such as high slippage and poor trading experience, especially in newly created markets with limited liquidity.
Ppl assume that a smaller app can’t capture market share from the $20B incumbents.
But that’s under estimating the potential to capitalize on under serviced PM usecases / needs like:
1) Dispute resolution
2) User created markets
Combining those two is a billion $ opportunity.
Ppl assume that a smaller app can’t capture market share from the $20B incumbents.
But that’s under estimating the potential to capitalize on under serviced PM usecases / needs like:
1) Dispute resolution
2) User created markets
Combining those two is a billion $ opportunity.
@llamaonthebrink How complete is the Smart Vault implementation at this stage?
Permissionless market creation may also face issues such as high slippage and poor trading experience, especially in newly created markets with limited liquidity.
@llamaonthebrink The growth flywheel is still missing a liquidity management layer. The Smart Vault concept is a very good idea.
Better liquidity → Better user experience → Higher trading volume → Higher APR → Better liquidity
This isn’t a bug, this is a feature.
They are called “long tail” for a reason.
These event contracts aren’t supposed to be overly liquid or they’ll end up distorting market dynamics.
In prediction markets that dynamic results in the underlying outcomes getting skewed because the respective event contract has too much liquidity.
There’s a goldilocks zone for most of these markets, and orderbooks can satisfy that as it stands.
In general, there’s this misconception that liquidity alchemy is possible if we just design an AMM in the right way, but you simply cannot make losses disappear.
In a zero sum system, one side has to lose. You can’t just design your way out of this problem.
If an AMM is optimized for passive liquidity, there’s a good chance that comes at the expense of trader UX.
At the end of the day, market makers can’t be relied upon for long tail markets. You need directional liquidity, aka ppl placing standing limit or range orders that they want to get filled.
What is possible with the advent of AI, is *agentic liquidity*
Or smart vaults as we call them.
Passive from a depositor’s perspective, but managed actively via agents that execute various strategies on their behalf.
Our next big release after User Created Markets will be Smart Vaults (agentic liquidity).
That’s the only real solution to bootstrapping long tail event contracts with “passive” capital.
Been a crypto power user since 2020.
One of the great allures of this industry was that you could show up with modest capital and earn outsized gains.
“Level up” so to say.
Every meta that came and went was successful under this exact premise.
But everyone knew it was simply a rotation game.
Now, what if I told you that you could show up with little to no capital, and earn outsized gains *sustainably*?
No greater-fool economics and exit schemes.
Just straight up honest, terminally online work.
This is what @Trueo_ can offer.
If you have access to capital, you can bet on your beliefs, use your insights to gain an edge, or speculate like you would normally.
If you don’t have capital, follow discussions and debates. Come up with market ideas, generate event contracts, and earn all the trading fees if your prediction market graduates.
It doesn’t need to only relate to crypto, you can follow any topic you like.
Turn discussions into markets, earn fees from their activity.
Rinse. Repeat.
Coming soon to @Trueo_
Where you can earn money by simply asking questions.
In relation to the Vercel incident over the weekend:
Trueo was unaffected, but we took all recommended precautions:
☑️ Rotated all tokens
☑️ Audited deployments
☑️ Reviewed activity logs
Everything is safe.
As an extra precautionary measure, we will keep an eye out for potential residual unauthorized activity over the coming days.
In the coming weeks and months, our AI strategy for @trueo_ will come to full fruition.
We spent the entirety of last year developing fully-onchain prediction market infrastructure.
It was painful. It was hard.
No one else was developing these onchain elements. They were busy forking Polymarket and building centralized matching engines.
We were exploring uncharted territory, alone.
Build onchain is difficult.
Audits, custom tooling, data rendering.
These constraints are unique to onchain protocols, especially when building novel products.
Now we’re finally in a place where we can augment all of our onchain components with fast iterating AI systems.
With AI, we can ride the wave of innovation that’s subsidized by trillions in investments.
Just today, there are sophisticated open source AI tools that enable products which couldn’t exist a year ago. Heck, not even six months ago.
Tools that we can benefit directly from to enhance our products.
This is an immense tailwind.
And the amazing part is that we can iterate and improve these integrations at break neck speed.
Because unlike onchain infrastructure, our AI products operate from a layer above, unbound by the same constraints.
In a couple months, users will notice new AI integrations in nearly every component of our app.
But there are two that I’ve been specifically promising for a while now which will represent major milestones for Trueo:
1) AI assisted permissionless market creation
2) AI automated liquidity
The first is production ready and will go live soon, the second will follow closely.
It’s worth highlighting that these things will have been built completely out in the open, in plain view of community.
No hype, but a lot of lessons learned.
Differentiation matters.
Soon. Only on @trueo_.
For startups, the most important thing is speed — the ability to iterate quickly and correct mistakes fast. Only after you’ve built something people actually want should you start worrying about other things.
However, I hope that in the next stage of product development, the team focuses on rapid updates and validation first, followed by deeper development and promotion. Long periods of closed development are usually not ideal for startups.