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Aave core members bet $50,000 with Polygon Labs CEO, betting that Polygon’s market value will fall instead of rise after launching new coins

2025-06-25 01:12

Odaily News Aave core member Marc Zeller wrote on X yesterday that when an ecosystem derives a second token, the total market value of the two will eventually be lower than the market value of the original token. For example, Katana Network, launched by Polygon after POL, will also issue a new coin KAT. It is expected that the sum of the market values of the two will be lower than the initial market value of POL.
This development sparked dissatisfaction among Marc Boiron, CEO of Polygon Labs. After a heated discussion, the two decided to bet $50,000 on whether the combined market value of POL and KAT would be lower than the market value of POL when the Katana plan was officially announced six months later (on Christmas Eve).