Vitalik Buterin · Polymarket · Oracle · Ethereum · The Block
Existing Base markets that settle after the migration will remain available through the official app
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The TRUE token will continue to be the protocol's native token, and holders will be able to migrate their tokens to Ethereum alongside the application, Trueo explained.
Key facts
- While Strategy confirmed that it sold 32 BTC between May 26 and 31, Polymarket resolved the market as "No" because Strategy's filing came out on June 1, after the market's deadline
- The platform encouraged users not to open new Base markets that expire after Jan. 31, 2027, and to list longer-dated markets on Ethereum once that instance is live
- Onchain prediction market protocol Trueo announced it will move its primary deployment from Base Layer 2 to the Ethereum mainnet, citing greater integration potential, network effects, and a better
- Existing Base markets that settle after the migration will remain available through the official app
Summary
Onchain prediction market protocol Trueo announced it will move its primary deployment from Base Layer 2 to the Ethereum mainnet, citing greater integration potential, network effects, and a better fit for a permissionless, largely immutable product. In its Monday announcement, Trueo said Base served as a great sandbox for a new experiment, as Ethereum mainnet's gas fees were still elevated when it first started. "The final form of Trueo is to be a platform that is widely adopted, broadly integrated, fully permissionless, mostly immutable, and highly credible," Trueo said. Upon migration to mainnet, Trueo will primarily focus on attracting liquidity on key market categories and shipping the next generation of its oracle. "Glad to see that Ethereum L1 will have a new strong prediction market contender that is dedicated to decentralization, and being ethical and not corposlop, and to trying to do interesting and meaningful things with this class of economic primitive," Buterin said.