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Hello, Anton speaking!๐Ÿ‘‹

1. ๐Ÿ“Written by Anton Dziatkovskiy in Brisbane for DeFi aggregator 168pools.com. Prediction markets.๐Ÿ”ฎ๐Ÿ”ฎ

๐Ÿ‘‰๐Ÿ‘‰ The DeFi sector develops based on the needs of the real world. The entire industry depends on macro trends and real-life applications.๐ŸŒ One use case is prediction markets.๐Ÿ—ฃ

It has long been said about prediction markets that they will become one of Etherโ€™s killer features.๐Ÿ”ซ This year was an opportunity for them to make a name for themselves, projects such as Polymarket, Omen and Catnip. The US presidential election has become a fierce battlefield and an opportunity to earn some money.โš”๏ธ

๐Ÿ‘‰ There are different opinions about the performance of prediction markets, but their popularity cannot be taken away.๐Ÿ˜‰

One thing is for sure โ€” the prediction markets are now with us and will be quoted more and more in the media.๐Ÿ“ฏ Interest in these markets is quite secular and independent of holy wars in the blockchain space. With the popularity of data-driven journalism, prediction markets will become convenient data sources.๐Ÿ—ž

๐Ÿ“Œ Another plus is the development of ancillary services. Until now, DeFi products and services have been primarily created specifically for trading. But if the prediction markets are successful, there will be many ancillary products and services. First of all, these are oracles and everything needed for the process of depositing and withdrawing funds.๐Ÿ’ฐ

2. Todayโ€™s food for thought: the DeFi market cap hit a new all-time-high โ€” $18.3 billion!๐Ÿš€

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