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Predict reports that "Polymarket's first day FDV issuance" has declined across the board, and settlement rules have sparked controversy.
ME News Report, April 7th (UTC+8), on Predict, “Polymarket’s First Day FDV of Token Launch” has declined across the board. The current probability that FDV exceeds $2 billion is 13%, and the probability that it exceeds $10 billion is 6%. The official settlement statement reads: “If, one day after the token issuance, Polymarket’s FDV exceeds the specified amount, this market will settle as Yes.” Today, Polymarket announced a comprehensive upgrade to its trading engine and the launch of its native stablecoin Polymarket USD, which is also considered a token launch, leading to significant fluctuations in the probability of related events on Predict. (Source: ODAYL)