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Traders are betting more than $59 million to predict whether the market Polymarket will launch its US platform before the end of the year, but this question, which should have produced a simple “yes” or “no” answer, revealed a deeper problem. The blockchain vote by UMA token holders favors a “yes” resolution, but this has sparked strong opposition from users who believe explanations take precedence over facts. No payments have been made so far. The controversy revealed how vulnerable the token-governed system is when incentives, ambiguity, and influence clash, and this vulnerability poses growing risks as the crypto prediction market seeks mainstream adoption and regulatory trust.

Zhitongcaijing·12/05/2025 18:49:02
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Traders are betting more than $59 million to predict whether the market Polymarket will launch its US platform before the end of the year, but this question, which should have produced a simple “yes” or “no” answer, revealed a deeper problem. The blockchain vote by UMA token holders favors a “yes” resolution, but this has sparked strong opposition from users who believe explanations take precedence over facts. No payments have been made so far. The controversy revealed how vulnerable the token-governed system is when incentives, ambiguity, and influence clash, and this vulnerability poses growing risks as the crypto prediction market seeks mainstream adoption and regulatory trust.