X @s4mmy

Decentralized Finance (DeFi) Innovation - The DeFi sector is exploring the possibility of collateralizing long-tail prediction market bets, such as those on Polymarket, to obtain loans [1] - The concept involves representing prediction market positions (e g, "Trump to win the Presidential Election") as NFTs and using them as collateral for loans [1] - The industry believes this is just the beginning of the potential applications within the DeFi space [1]