Obsessed with this feature from @OstiumLabs: auto-trades triggered by Polymarket odds. For example, if the consensus on Polymarket is that the Fed is unlikely to cut rates, Ostium auto-shorts the S&P. Programmable macro bets are the future of onchain trading. https://t.co/F7lwObRVQk
Obsessed with this feature from @OstiumLabs: trades automatically triggered by Polymarket odds. For example, if the consensus on Polymarket is that the Fed is unlikely to cut rates, Ostium auto-shorts the S&P. Programmable macro bets are the future of onchain trading. https://t.co/fbpH2BNooB
Met these guys at ETHZurich this year and was pretty impressed. They've put a unique spin on prediction markets, dubbing them "conviction markets" where there's a marketplace for beliefs. Enabled by ultra-high throughput on Celestia & a unique spin on a previous application https://t.co/qEtD7qRiRj
Polymarket, a leading prediction market platform, has garnered attention for its innovative approach to forecasting and trading. Users have highlighted its use of mathematical analysis and probability assessments, such as those provided by UnifAI, to develop optimal betting strategies. The platform has been described as offering 'conviction markets,' where beliefs are traded, enabled by high throughput technology on Celestia. A notable feature from Ostium Labs integrates Polymarket odds with automated trading, allowing trades to be triggered based on consensus outcomes. For example, if Polymarket consensus suggests the Federal Reserve is unlikely to cut interest rates, Ostium Labs' system automatically shorts the S&P 500 index, illustrating the potential for programmable macro bets in on-chain trading.