How this feels to trade on is truly unique. Watching your position’s value passively grow and accumulate rewards as the market trades is a paradigm shift. Countless hours have gone into designing the rewards mechanics of the PMM. It’s been the most challenging and rewarding endeavor I’ve ever worked on. The PMM pays what are essential liquidity rewards for simply being in the market. Rather than requiring a secondary party to bootstrap and market make, the parimutuel model lets us reward participants for simply holding their positions. This creates a system where LPs are traders, and the traders are the LPs. Whether you want to interact as a passive or active participant, express an opinion or stay hedged, everyone in the market benefits from being counterparty to everyone else. It’s some kind of magical UX when the market moves against you temporarily and you see your position directly reward you for diamond handing. Simultaneously getting more valuable as the risk of holding goes it up the market adjusts to new information. Believing in something truly pays, and the freedom to move feels like an opportunity to stay ahead of the crowd and make money as others converge on your beliefs. Being able to do things like buy a hedged position and then consolidate it into a winner as the market evolves and coming away with a larger position for doing it, or being rewarded exponentially when your team makes a comeback, it adds a whole new dimension the the way prediction markets feel to use. The experiences the PMM enables is one of a kind, its flexibility enables Melee to power countless different market types, and we can’t wait to show you all what we have in store.