What will be the price of the LK-99 market one month after loan system is removed?
18
175
1k
Jun 15
4%
3% or below
24%
4%
23%
5%
20%
6%
13%
7%
9%
8%
3%
9%
3%
10% or above

I will take the average price 30-36 days after the loan system removed to resolve this market.

I might resolve to 7% and 8% at 50% each if the price is hovering around 7% and 8%

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If I'm not mistaken, the latest plan about loan removal is describe here https://manifoldmarkets.notion.site/Announcement-A-sustainable-mana-economy-08b86e8937554cc7a4608371f66ecb10

Quoting from the doc:

Loans will come to an end in May. What does this mean?

  • The 30th of April is the last day to claim a new loan.

  • By default, we’ll honor existing loans. This means your account will still be leveraged until the markets which generated your loans have their positions closed.

  • We are currently discussing other solutions to incentivise trading on longer-term markets. Please let us know your ideas!

I might resolve to 7% and 8% at 50% each if the price is hovering around 7% and 8%

If you're taking the average price over a time period, why not just get specific about it?

If the average price is 7.23%, resolve the 7% option to 77% and the 8% option to 23%. Keeps everything nice and linear and well behaved, which is good for arbitrage and related things.

@EvanDaniel I would make it exact if someone will use the API and pull the price, so that I can calculate it to the exact number

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