Gondor to Launch Polymarket Margin Account, Allowing Users to Borrow Against Their Entire Prediction Market Portfolio

Odaily Odaily Planet Daily News Gondor, a DeFi project built on Polymarket, has announced the launch of Gondor v1, which is scheduled for a public release in September this year. The product will allow users to borrow using their entire Polymarket portfolio as collateral, using the borrowed funds to purchase more prediction market shares. According to the introduction, Gondor v1 adopts a cross-margin model. Unlike the previous Beta version, which allowed borrowing against individual positions, users can obtain a credit line based on their overall account assets. The product is currently in the testing phase, and the team states that the Beta version has attracted over 150,000 users to join the waiting list. (The Block)