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by yieldcrv 102 days ago
> a tool for gambling

they require liquidity from people that are not in the know for adequate price discovery and exit liquidity worthwhile for participation

1 comments

You need liquidity but there is no requirement that it comes from gamblers
Tell that to the gamblers? like be for real right now
If only people with accurate information bet, they wouldn't make any money so they'd stop betting.
Betting on imperfect information is not the same thing as gambling