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BTCC / BTCC Square / Global Cryptocurrency /
Polymarket Political Volumes Surge Amid Geopolitical Tensions; Celestia Proposes Radical Consensus Shift

Polymarket Political Volumes Surge Amid Geopolitical Tensions; Celestia Proposes Radical Consensus Shift

Author:
Global Cryptocurrency
Published:
2025-06-23 18:59:02
15
3
BTCCSquare news:

Polymarket's political markets have witnessed a dramatic surge in activity, with trading volumes jumping from $3.9 million to $19.5 million in a week. The spike follows heightened geopolitical tensions, particularly around a market speculating on US military action against Iran, which saw $29.9 million in volume before resolving at 99% certainty.

Meanwhile, Celestia co-founder John Adler has proposed abandoning proof-of-stake consensus in favor of a novel 'proof-of-governance' system. The ambitious plan would slash TIA issuance by 95% and eliminate delegated staking, marking a potential paradigm shift for the modular blockchain network.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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