⚠️ The Kool Aid Pineapple Psyop:
Each jar contains the same amount of sugar as nine cans of Coca Cola.
One big distraction just in time for the midterms.
@Eltonma To be honest, it’s starting to get ridiculous. It’s been worse for me since they rolled out their changes somehow and I’m equally skeptical that they can do anything about old accounts that get created today if only new accounts are forced to use the new funding method.
I have been playing on polymarket for almost 2 years. Today is the day I feel most angry about polymarket team. The ghost fill problem is getting much worse and those bastards are doing 50k resting orders both sides. I am getting 3% rewards on markets I suppose to get 50+%. The team said they would ban all those accounts but I think they are doing some lousy job. It is very easy to ban them. Just track big accounts like me or domah etc, check their backend you see failed transactions then you know which accounts are at fault. Check their ip and linked accounts and ban them all. It is easy. I was doing Amazon 20 years ago, Jeff Bezos know how to ban those Chinese cheaters. I don’t get it why poly is not doing things. The whole order book look like shit now. For 2 years I never requests anything from polymarket but I just think the did too bad this time the whole upgrade was not planned well. And as the #1 lp farmer by far. I suggest that poly should kinda compensate all lp farmer that are still doing lp after the upgrade till Monday’s permanent fix is deployed. (And I kinda skeptical if that upgrade really works) At least pay them a few times more based on their pro rata share of the rewards earned. And perhaps give me one polymarket necklace that identical to Paul Logan’s that sold to Pawn Star Rick’s at $30k (well this part is a joke but maybe Shayne should really consider it) This is so bad that even I as a lp farmer that keeps on farming for 650+ days thinking about quit farming. And it seems to me that if those bastards made like 100k accounts before Monday they might still can keep on doing that? I really hope the team can seriously address this issue. @shayne_coplan@_kanarazu_@Polymarket@mustafap0ly
@skyquake_1 I think the main use case of prediction markets is just to move what was traditionally on sportsbook or other betting demand and putting it on an exchange giving consumers better liquidity and prices and no limiting of bets. Not revolutionary but useful.
@sui414@Kalshi@Polymarket I would argue that this has a similar effect on the orderbook that Hyperliquid's cancel priority has. It promotes lazy quoting and "fake" liquidity that will only ever match when the markouts are good. This means arguably worse fills for users.
@sui414@Kalshi@Polymarket Hey Danning, great post. Wanted to point out a pitfall that arises from using Kyle-style liquidity depth, this metric specifically favors Polymarket because the three second delay on live taker orders means that most fills that would efficiently update the price will be obscured.
@frothybeverage but if you are a validator then you have a chance of building the block. no? and if you get to build the block u can make sure to jam ur cancels in for all of the trades that now have bad markouts to end of block on binance or msth