Spent August in Salt Lake City at @mtndao. It got us to devnet in a few weeks.
LevM is live. Options on prediction markets - no margin, no liquidations.
Pitched it at demo day Friday. https://t.co/Zp8ulBR9Se
"Iif you look at crypto stocks, commodities, or forex, the derivatives market is several multiples upon the spot market. We could see a several trillion dollar derivatives market on top of prediction markets."
Sreeman from @LevMnyc:
Everyone asks why we build leverage on prediction markets.
Nobody asks who's on the other side of the trade. It's the market. The market is always right.
Equities have a derivatives layer. So do commodities and crypto.
Why can't prediction markets?
We're LevM. We build options on prediction markets.
Buy a call on an event. The premium is your max loss. No margin calls, no liquidation.
Paper trade it today, link below.