Paradigm has just introduced the concept of ‘Multiverse Finance’
Allowing users to make trades based on future potential outcomes
This works by using prediction market bet tokens as collateral to borrow crypto (like ETH or USD) against them
With both the prediction market and borrowed tokens liquidated in the case the bet loses else the trader gets access to the position
Intriguing idea, and shows we may just be scratching the surface of ways to use prediction markets…