Vitalik: If Prediction Markets Can Address Interest Rate Issues, Numerous Hedging Use Cases Will Emerge and Drive Further Growth in Trading Volume
According to ChainCatcher, Warpcast reported that Ethereum founder Vitalik Buterin mentioned, "Regarding the debate over the pros and cons of prediction markets, one important point I would like to add is: most mainstream prediction markets currently do not pay interest, which makes them very unattractive for hedging purposes. This is because participation means giving up a guaranteed 4% annualized return in USD."
"I expect that once this issue is resolved, there will be a surge in hedging-related use cases, and trading volumes will further increase."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
An address closed 95,053 ETH long positions and bought another 23,575 ETH
Most Chinese stocks rise in U.S. pre-market trading, Alibaba up 3.5%
Data: Football.Fun, a sports prediction app on the Base chain, surpasses $1.5 million in cumulative revenue
Trending news
MoreCrypto prices
More








