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Pop Punk ๐Ÿ‡บ๐Ÿ‡ธ
@PopPunkOnChain
332 Following    33.9K Followers
The scale of Meme Madness is surpassing our wildest expectations. Today's tournament day is just about half way done. In the last 12 hours our backend has processed nearly 54 million API requests. Quite the feat for an engineering team of 4.
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we get a lot of questions on what actually separates @CadeMarket from Kalshi / Polymarket. it comes down to short duration. a platform for the ~I want my dopamine now and I want to go again~ crowd. theyโ€™ll know exactly where to get it without running into noise. TikTok didn't beat YouTube by adding long videos in addition to short form. focus can be insanely valuable in the era where everyone is trying to be everything.
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Meme Madness has lived up to its name for the development team: absolute madness. Weโ€™ve supported thousands of users and hundreds of thousands of predictions across a complex system of daily tournaments and multiple chains, all while continuing to ship improvements to production. We launched on brand new infrastructure built for scale and performance. Thatโ€™s come with growing pains, and this tournament has been an incredible pressure test. It's been effective in showing us whatโ€™s working, where weโ€™re falling short, and what needs to improve. Iโ€™m proud of what the team has delivered and the scale weโ€™ve supported, but we know thereโ€™s work to do. Weโ€™re taking those lessons back to the lab to build a better experience for our next tournament and mainnet. Cade on.
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In the first 8 hours of today's tournament day we've already doubled the user count from the entirety of day 1 Every day has been an all time high in terms of active users, returning users, and predictions placed The team is working nearly 24/7 to continue to ship improvements
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Our preliminary fix just landed in production. You should notice a drastic improvement in performance. If you see any pending markets in your history, it will take a little bit for the job to come through and update them. Cade on.
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Huge uptick in users in the last 24 hours. Markets are correctly resolving immediately, but results are slower to display to end users. We're working on a hot fix that will be out shortly.
Huge uptick in users in the last 24 hours. Markets are correctly resolving immediately, but results are slower to display to end users. We're working on a hot fix that will be out shortly.
Meme Madness winners for 9/15, 9/16, and 9/17 have just been sent their prizes to their Cade wallet. $38,880 in total Additionally, we have enabled withdrawal support, so you can withdraw your winnings to an external wallet directly from Cade. We'll cover the transaction cost.
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We are now back and stable. Keep pumping your cade. Hats off to our engineers who are on call 24/7 during meme madness.
We are investigating timeouts which are causing a degraded experience due to an usually large data spike. Will update you when itโ€™s resolved.
We just started to distribute prizes for Meme Madness directly to the @CadeMarket wallets of winners. Throughout the first 4 days of the tournament, we automatically flagged several dozen users that were engaging in malicious multi-account practices to inflate their daily profit numbers. This is strictly against the rules, which you implicitly agree to follow when registering for an account on Cade. We aren't stupid. We know that the prize pool for Meme Madness is very large. We knew that this would bring bad actors that were in it for the wrong reasons. We initially delayed the launch in order to make sure we could properly catch these users with our systems. Contrary to many testnet apps in this space, I could not give a single fuck about juiced up numbers. I care about the integrity of the platform, and I am only interested in rewarding users that help us stress test our infrastructure and product in a fair manner. If you try and cheat, we will catch you, and we will revoke your prize. RIP BOZOS.
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Prizes for Day 0 of Meme Madness have been distributed directly to your Cade wallet. This was the half day in which only some users were able to participate early on. Due to third party outages, we have opted to not enable direct transfers off the platform until we do further testing. However, on your profile page, you can export your platform private key (after enabling 2FA) to a browser wallet to freely access your funds. The next 3 days of prize winners can all expect to receive their winnings tomorrow. Furthermore, for days 0-3, we flagged several dozen wallets on the leaderboard that were participating in malicious multi-wallet practices to inflate their TVL. Every single one of these users has been voided and their prize has been revoked. Each cheating user was replaced with the next eligible user. Cade on.
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Update: this appears to now be resolved. Cade on.
We are currently investigating a third party service provider outage that is causing errors when submitting transactions on @CadeMarket We will update you when this is resolved.
Day 3 of Meme Madness is almost over. Every single day so far we've hit a new all time high in both total active users & returning users. The cade is pumping.
I have a feeling throwing a dollar into every market and hoping for the hail mary is going to be a popular strategy when @CadeMarket hits mainnet. Obviously this is inflated with testnet money but... The beauty of parimutuel.
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We just pushed 2FA support to @CadeMarket. This is ahead of tonight's maintenance window, where we will enable automatic prize payouts. Winners will receive prizes in their Cade wallet. You can send the prizes to external wallets (gas is sponsored) or export your private key.
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In just the first 2 days, Meme Madness surpassed the total volume of the entire 15 day long Cade Cup. @CadeMarket is scaling.
We've put in a lot of time and effort to the UX of the site to make it feel materially different than other trading terminals and prediction markets, because we're materially different in how everything operates. We're continuing to iterate based on our own play and feedback we're seeing - which was the point of this test and free tournament. In addition to UX features, we're constantly working on improving the responsiveness and reliability of the site. Better every day. Thank you everyone for participating so far and here's to even better experiences in the future!
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If you havenโ€™t tried @CadeMarket yet, take a couple mins to marvel at the construction and flow of the UX. You can clearly see how this platform is going to be big for game streaming, sports bettingโ€ฆ and developing your own markets (lots of new APIs to go searching for out there).
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