We may disagree on policy, but let's keep it respectful. Singling out an individual employee isn't that.
Nico is talented and has led some of our institutional expansion efforts effectively. He's just getting started.
I've spent the last few months working with tribal leaders, and I've genuinely enjoyed it. They want economic opportunity for their communities, and our partnerships have been additive, with one done and more on the way. Some tribes are excited, others aren't, and that's okay.
We choose constructive dialogue.
Ed Sheeran’s two Gillette Stadium shows were canceled.
@Kalshi had markets on whether he’d perform there this year and how many tour dates he’d cancel.
Did you hedge?
@MorePerfectUS Margin trading is common in all financial markets.
Some important features:
- This is geared for institutional clients.
- It is a way to reduce cost of capital for long dated markets and introduce efficiency.
- It is not for a number of categories including sports and culture.
i thought more about it. beni, sorry for being a dick. i shouldn't have attacked you personally. it was cocky and unnecessary, and i should have stuck to the facts.
i do want to clarify one thing: our incentives pay for liquidity, not wash trading. the claim that we’re incentivizing wash trading is incorrect, but i should have explained why instead of making it personal.
this has made clear we need to do a better job explaining how our incentives work and the safeguards we have in place. we’ve laid out the full context here: https://t.co/6bTIEryoqG
Today, the Tunica-Biloxi Tribe of Louisiana became the first sovereign Tribal nation in the country to launch its own prediction market.
Read the open letter below:
"Cantor will act as an introducing broker and carry out institutional-size trades negotiation, while Susquehanna Predictions will provide pricing and liquidity for the trades."
Cantor launches prediction market trading for institutional investors
https://t.co/0ACAJvPoLC
Today, we're batch shipping 80% of the mobile code we’ve written this past quarter.
First, a breakdown of the other 20%: across 42 releases, our 5-person squad launched the first perpetual futures in the US and trading experiences (explore overhaul, 15-minute charts, live chat, World-Cup hub, inner-circle, etc.) that have led Kalshi to top the App Store rankings for most of the past month.
But all of this was just a fraction of the team’s firepower. At night, we were quietly working on a big project: “V2”, a complete rewrite of our app and the biggest technical leap I’ve seen since I joined the company 6 years ago.
4000 commits and 1 million lines later, the numbers are in and they justify the crazy sprint we just went through:
- CPU usage: 369% peak -> 15% peak
- Memory use: 350M -> 70MB
- Install size: 315MB -> 95MB (for reference: RH @ 934MB, Coinbase @ 310MB)
- External dependencies: 94 -> 11
- Test coverage: 17% -> 100%
When you get the update, Kalshi should immediately feel significantly faster, smoother, sleeker, and more responsive.
For our product velocity, V2 represents a massive shift as well: we now have a single codebase from which the team can push changes to our backend, iOS, and Android builds. The only code that runs on the client is the code that the team wants to run on the client. We have end-to-end type safety, CI with version-tagged deploys, and client<->server integration tests. We’d already gotten in the habit of daily releases, but with our latest tooling, it’s now a breeze.
We’re keeping the team lean, but if you are incredibly talented, work hard, and want to build the next generation financial market,. DM me or apply on our careers website.
Kalshi is looking for someone to run our short-form comms - this person will live and breathe X and get paid to do it
I have hired for a lot of different roles and can safely say that this is not my area of expertise. So, I'm outsourcing it
If someone sends me an X username (or volunteers themselves) and we hire them before EOD thurs, I will wire them $15K and commission an oil painting of their face
My DMs are open