Prediction Markets Community Hub

Very supportive of this Community Hub.

Kleros has been live on Ethereum since 2018 and has resolved thousands of disputes. Prediction markets have been a major use case for us, with Kleros acting as a resolution layer for multiple projects: Omen, Seer, Precog, Futarchy.fi, Ringo etc.

  • Omen a notable example is the 2020 US election dispute, with more than $2.5M at stake
  • Seer’s Deep Funding markets allocate $350k via Gitcoin Grants 24 for the EF here

As Devansh mentioned, the scope is much broader than prediction markets. A large part of the governance community should also be interested:

  • Futarchy.fi is running a market around EIP-8363 and Ethereum issuance, one of the most debated topics in the community right now here

  • Kleros Foresight is exploring decision markets for grant allocation and we can do a dedicated session on this

Also the DeFi community as Prediction markets can be used as hedging and risk-management tools. Kleros and Seer built a platform inspired by Vitalik’s proposal for betting on many highly improbable events, which we could also share with the audience.

We are also funding research in this space through the Kleros Fellowship on decision markets, oracles and futarchy.

With the sucess of MetaDAO Solana we saw a lot of Prediction Markets building there, it is important for Ethereum to stay competitive and push harder on prediction markets, futarchy and decision markets.

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