We have created a futarchy market on whether Gnosis should approve GIP-143.
It now has significant liquidity, 250k$ concentrated in +/- 20%, in the markets for GNO price conditional on approving GIP-143.
https://app.futarchy.fi/markets/0xa28614aa999117C555757D56A8178F271C24d7BA
Those in favor of the proposal can now buy GNO on the “YES” market, and get their money back if the proposal fails, or sell their GNO on the “NO” market, and get their tokens back if the proposal passes.
Those against can buy GNO on the “NO” market, and get their money back if the proposal passes, or sell GNO on the “YES” market, and get their tokens back if the proposal fails.
Currently YES trading at +0.18% impact.
There is an ongoing proposal for GnosisDAO to fund futarchy markets with 100k of liquidity, which has not yet been voted on. This market was created with liquidity from third parties.
Would be very keep on answering any questions regarding futarchy, getting feedback from you, including whether this is useful in the discussion about this proposal.
I see many members in the community very strongly in favor of the proposal, but also afraid the proposal will not pass. I’d like to invite those that think so to buy GNO in the “YES” markets, or to sell GNO in the “NO” markets – if you’re right you can make a profit, hedging yourself from the risk the proposal is not adopted. Of course, those that think differently can trade the other way!