The chapter discusses Azuro's achievements and progress in making equity work with prediction markets at scale within DeFi, focusing on technical aspects like liquidity pools, Oracles on Azure, and the middleware protocol's connections to different chains. It explores the platform's democratization of prediction markets, success stories, growth in user base beyond the crypto community, advantages of using Azuro over centralized platforms, and future plans for expansion into real-world markets and financialization of liquidity positions.
Rossen Yardanov, a core contributor to Azuro protocol, discusses the challenges and potential of prediction markets in the crypto space. He explains why prediction markets haven't taken off in the past and how Azuro is addressing these issues. Azuro is focused on making passive liquidity work in prediction markets, allowing anyone to play the role of the house and counter bets. They are also working on decentralizing the Oracle solution and improving dispute resolution. Azuro aims to be a middleware protocol that connects to any chain and provides tooling for builders to create prediction market applications easily. They are planning to launch their token and further decentralize governance in the future.
Rossen's Twitter - https://x.com/RossToTheFuture
Yan's Twitter - https://x.com/yanliberman
Chapters
00:00 Introduction and Background
05:44 Challenges of Liquidity in Prediction Markets
13:19 Addressing Dispute Resolution in Prediction Markets
29:20 Token Launch and Future Plans
Disclosures
This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.