Will Gemini Earn default by 2023?
Crypto
Mini
13
Ṁ9.0k
resolved Nov 23
Resolved
YES

Gemini, a cryptocurrency exchange, has a program that earns interest on lent out cryptocurrency. This market resolves as true if funds lent out through Gemini Earn are not redeemed as promised. Similar resolution criteria as the crypto counterparty risk series on Metaculus: https://www.metaculus.com/questions/?search=cat:finance--cryptocurrencies--counterparty-risk

Nov 16, 1:03pm: Will Gemini Earn default in 2023? → Will Gemini Earn default by 2023?

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predicted YES

I guess by the terms of the original questions I get to give it a week, but it'll resolve positively as having defualted by 2023.

https://app.nexusmutual.io/cover quotes 4.42% yearly cost to buy insurance against Gemini default.

predicted YES

@jack Up to 13% now.

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