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๐Ÿ’Ž DeFi๐ŸŸข BullishImportance 6/10

Polymarket unveils plans for trading engine overhaul, native stablecoin

The Block|Daniel Kuhn|
Polymarket unveils plans for trading engine overhaul, native stablecoin
Image via The Block
๐Ÿค–AI Summary

Polymarket announced a comprehensive overhaul of its trading infrastructure over the next 2-3 weeks, including new smart contracts, an updated order book system, and the introduction of a native stablecoin as collateral. This represents a significant technical upgrade for the prediction market platform.

Key Takeaways
  • โ†’Polymarket is upgrading its entire exchange technology stack over the next 2-3 weeks.
  • โ†’The overhaul includes new smart contracts and an updated order book system.
  • โ†’A new native stablecoin will be introduced as the platform's collateral token.
  • โ†’The upgrade represents a major infrastructure improvement for the prediction market platform.
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