$GNO : Veteran Wallets in the Prediction Market Make a Comeback, OWL Token Becomes a Mystery
Core Team's Perspective
Main Business Shifted:
Originally focused on "prediction markets" (betting on events/price fluctuations), now reduced to a mere ornament
Flagship product has become Gnosis Safe (institutional-grade multi-signature wallet managing $30 billion in assets)
Token Identity Crisis:
$GNO: Collateral generates OWL, governance voting (annual inflation 3%, mining rewards heavily impacted)
$OWL: The "utility token" for paying fees (pegged to $1? Actual price fluctuation ±20%)
Real Return Guide
Guaranteed Profit Strategies:
Run nodes to validate predictions → Earn $OWL (annualized 5-8%)
Stake GNO to generate OWL → Exchange for platform fee discounts (e.g., save 50% on transaction fees)
❌ Warning of Pitfalls:
Speculating on the $OWL peg (fluctuation is 3 times greater than stablecoins)
Hoarding $GNO for explosive growth (80% drop over 5 years, relentless institutional sell-off)
Current Status of the Trio:
Prediction Market: Daily active users < 100, liquidity exhausted
Dutch Auction: Crushed by OpenSea, trading volume at zero
Gnosis Safe: The only useful product, but revenue does not support the token
Direct Risks:
Shift in business focus: Wallet and prediction market have no synergy, $GNO feels like an outsider
OWL's forced settlement at $1 → When the price is at 0.8, paying fees requires covering the price difference (anti-human design)
Token Unlocking: Team holds over 40% of GNO → Monthly selling pressure of 2 million+
Summary:
Gnosis = A wallet store masquerading as a prediction market
— The Safe feature is commendable, but trading GNO/OWL is purely throwing money away
Practical Advice: Freebie seekers can use Safe to manage assets (zero cost), miners can stake $GNO for fee discounts
Better to enjoy together than alone; if you reach out, I can pull you to shore!!
SUI TURMP BONK PEPE OM SOL PNUT
