We're trying to gauge usage of Manifold's current homepage feed. Please vote YES below if you usually use the feed when you're on Manifold, and NO otherwise (i.e. if you're just using the Markets page instead).
Resolves YES if 50% or more respondents vote Yes. Poll closes on May 5th at 11:59 PT. I won't trade in this market.
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ1,033 | |
| 2 | Ṁ901 | |
| 3 | Ṁ120 | |
| 4 | Ṁ106 | |
| 5 | Ṁ37 |
I have a general Manifold question. If a market does what this one did, with a really high YES percentage and then resolve NO, then traders lost more mana than traders gained. Where does the extra mana go? To the market creator? Or does some value get wiped from the system as it would if somebody donated?
@Fion The liquidity pool gets distributed out to the liquidity providers: S.G. contributed M50 of it for being market creator, and the @ManifoldMarkets account contributed the rest(M20 for each trader).
So I think they take a weighted split of the M6342 in the pool.
@Mira Thanks. So if somebody provided a liquidity subsidy would they get a share too?
Also, this 20M per trader is news to me. Is that just something that always happens when somebody trades on a market?
@FedorBeets I left those limit orders up because I knew people would make this mistake. People that visit in from the feed are more likely to bet while people that visit in from Discord are more likely to vote without betting.
You only place limit orders at 90%+ if you expect the market to incorrectly estimate a resolution. If it's obviously NO, they wouldn't get filled; and if it's obviously YES, you'd just lose money. So the only time hanging orders profit is "people mistakenly think it resolves".
@Fion hmm, it's changed after. Never mind.
Markets page > feed > that thing where you just see one nether at a time