social.noyu.me

@hikari these kinds of markets are mostly an interest rate thing; the people buying the No contracts are giving the people *selling* No contracts a loan at a rate slightly higher than current treasury bond interest rates, with the exact rate varying based on a bunch of weird factors

@rcombs @hikari seeing that the borrower controls everything there, i don't see why anybody participates on the lending side. It's low-key the rot at the heart of the prediction site model

@hikari the worst part is that they might just find some technical reason it does count as "yes" after all despite it being some bullshit lmao