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Prediction markets are not derivatives
Derivatives reference a process that evolves. Prediction markets reference an event waiting to resolve. That difference breaks all the hedging machinery.
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Derivatives reference a process that evolves. Prediction markets reference an event waiting to resolve. That difference breaks all the hedging machinery.
This post is not meant to be an introduction to these concepts, rather a deeper look at the current state of affairs with the needs of developers in mind. If you want a primer, check out this MPC Intro and this Account Abstraction resource. The Evolution of Embedded Wallets The
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