Wow! If the below tweet gets 10k likes, Tucker Carlson’s Alp Pouch will sponsor Maggie Wegner for the bravery it took to turn down the Daily Wire’s money when what they asked her to do conflicted with her Christian values.
Let’s go!! 🔥🔥
Development Update | Bodega Market
Please expand for details 👇
As promised, here’s the latest update on our development progress. It’s been thrilling to see V3 evolve, steadily improving and achieving a milestone of 500K ADA in volume last weeks. Staking rewards for $BODEGA holders have hit 10K ADA for this period (snapshot today).
We’re actively working on multiple initiatives to make Bodega compete with major platforms. Prediction Markets are among the fastest-growing protocols in our industry. (Kalshi + Polymarket = $11B in volume in 2024).
To stay competitive, we believe prioritizing features that attract users from beyond the Cardano ecosystem is essential. With a limited number of daily traders on Cardano, we’re thinking bigger to expand our reach.
Good news: we’re on the verge of finalizing a major ($$$,$$$) deal with one of Cardano’s largest projects and are in strategic discussions with IOG about potential collaborations. Additionally, a betting platform is exploring our SDK to integrate prediction markets into their platform.
We believe this will significantly help grow our user base and our volume.
Recently Integrated/Completed:
● Completed the first Midnight Milestone, finalizing the protocol’s architecture.
● Integrated @meshsdk social logins, enabling wallet creation in under a minute using Google, Apple, or X accounts.
● Evaluating @zkFold social login solution for potential implementation.
● Fixed Ledger issues for market creation; Ledger-Eternal is now functional, and we’re working on Ledger-Lace compatibility.
● Secured integration into @lace_io DApp section.
● Partnered with @fluxpointstudio for AI trading agents on Bodega.
● Simplified the UI to enhance accessibility for newcomers.
Upcoming Integrations/Features:
● Platform UI revamp + light mode.
● Fiat on-ramp and off-ramp integration for seamless transactions.
● Portfolio page enhancements, including detailed data and market creator PNL insights.
● @MidnightNtwrk Milestone #2:
ZK Circuit Development & Core Smart ContractsFunctionality:
= Developing core ZK circuits and smart contracts for on-chain proof verification.
= Scope: ZK circuits (bet validation, LMSR logic, result resolution), smart contracts (commitment storage, proof verification), and Midnight testnet deployment. = Deliverables: ZK-SNARK circuits (MVP scope), smart contracts on Midnight testnet, and a comprehensive integration test suite.
● Decentralized Governance through @clarity_dao x Bodega collaboration.
● BTC and cross-chain wallet integration.
● L2 integration for instant betting (@SundialProtocol /@midgardprotocol)
● @strikecardano x Bodega Prediction Market Perps - Combine predictions betting with perpetuals trading, allowing people to place bets with leverage and near instant turnouts.
● Bodega V4 (Central Limit Order Book - CLOB) > Efficient trading + Ability to add liquidity at anytime
We’re also assessing the technical feasibility of community suggestions, including enabling market creators to set odds, implementing automatic payouts instead of manual claims, and introducing a burn feature for losing bet tokens.
To grow our user base and boost platform volume, we recognize the need for a robust marketing push. This will be most effective when paired with cross-chain functionality, social logins, and fiat on-ramps + stablecoins. To this end, we’re developing an affiliate marketing strategy to incentivise bettors and drive engagement.
On the media front, we're working on articles and videos, and I was recently contacted to appear on some interesting podcasts (including Coindesk). Another one is lining up and we were told they'd like us to come once we achieve seamless Web2 integration and interoperability for maximum impact.
Furthermore, another avenue we are exploring is the live-streaming - E-sports industry blended with Prediction Markets.
On a final touch, and like I mentioned before. We're here everyday and week-ends.
One whale out doesn't compromise our vision and ability to work.
We are early and we're achieving more than most protocols and should be proud of this.
Thanks for the support guys 💙
It's cheaper to bake cookies at home than it is to buy assortment cookies.
This is how we got by without government assistance while still providing snacks for our kids.
What's incredible to me is that a lot of these "food stamp" haul mom's are stay at home mom's, who 100% could be baking all these things from scratch much cheaper.
Here are five concise bulletpoints summarizing the continuing resolution bill:
Funding Extension: Provides continuing FY2025 appropriations for federal agencies through the earlier of December 20, 2024, or the enactment of the applicable appropriations act to prevent a government shutdown.
Disaster Relief: Allocates over $100 billion for disaster relief, targeting recovery from natural disasters across various states.
Program Extensions: Extends various expiring programs and authorities, including those related to agriculture, veterans benefits, and public health.
Policy Riders: Includes policy provisions such as pro-life and Second Amendment protections.
Voter Registration: Modifies voter registration requirements for federal elections.
@LucidCiC@jamiestevo223 *Fully Diluted Market Cap, % Held of total market cap per $. I agree, IMO most noobs have unit bias with all cryptos (price or supply). The smart ones ask questions and learn.