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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Welcome Kevin_Lee to the Gate Square! 🎉
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Aave core members bet $50,000, believing that Polygon (POL) will fall
Gate News bot news, according to TapChiBitcoin, Aave core member Marc Zeller stated that when an ecosystem issues a second Token, the total Market Cap of the two tokens is usually lower than the initial Market Cap of the original Token. He cited the examples of Polygon launching POL and Katana Network soon to issue KAT Token, predicting that the total Market Cap of POL and KAT will eventually be lower than the initial Market Cap of POL.
These remarks have left Polygon Labs CEO Marc Boiron very dissatisfied. After a heated debate, the two agreed to a $50,000 bet that by Christmas Eve, the total Market Cap of POL and KAT would be lower than POL's Market Cap when Katana announced the KAT issuance plan.