For original post, go to this link, the whole argument is below too
So the problem with Futarchy in the current state with is that it get’s people to believe that their votes which will project a virtual price of the DAO’s asset through DAO virtual decision market is far fetched thing due to unfair market we are in.
The main problem with Futarchy in the way it is being implemented in a way in which there is no deterministic way to measure the token price change in decision market(very low liquidity) and the actual spot market token value change due to a single important factor - A DETERMINISTIC END RESULT
For Futarchy that is the change in value of DAO’s token, so without it the all DAO decision market becomes just a gamified gimmick version for people to engage in votes nothing else
On the other hand the prediction market in polymarket are based on a deterministic condition where when the market ends the players in the market can evaluate their prediction based on an actual result, so there is no ambiguity left after the market ends.
So the thing is there should be a spot market open even after the decision market has ended to evaluate the token price in accordance with the decision taken and to get that exact time period is pretty hard/almost impossible and even if you came up with the evaluation time period where the spot market opens, there can be lot of fuckery done in the spot market to manipulate the token’s price because you can’t put arbitrary conditions such as Lagging TWAP, or linear unstaking(which are good for closed virtual markets such as MetaDAO in to not let the whales arbitrage the fuck out of the decision market price and spot price What can be the solution to this
or are we even on the same page or i am just yappin