I've mentioned that to them. They should (and possibly will).
One of the frictions I'm interested in is this temporal one, where long-term bets are essentially zero-interest loans to the platform. Why would a rational actor do that when there are interest bearing instruments? Getting that resolved would incentivize participation in longer duration/further out predictions.
There's a whole capital management angle that I think Predyx should be pursuing, since they are perpetually in possession of tons of sats. They do operate a routing node but have told me that they really don't do anything to optimize the return.
If they can generate a return on the sats they're holding, some of that can go towards fee reduction and some can go towards paying interest.
I've mentioned that to them. They should (and possibly will).
One of the frictions I'm interested in is this temporal one, where long-term bets are essentially zero-interest loans to the platform. Why would a rational actor do that when there are interest bearing instruments? Getting that resolved would incentivize participation in longer duration/further out predictions.
There's a whole capital management angle that I think Predyx should be pursuing, since they are perpetually in possession of tons of sats. They do operate a routing node but have told me that they really don't do anything to optimize the return.
If they can generate a return on the sats they're holding, some of that can go towards fee reduction and some can go towards paying interest.