Will Manifold start charging interest on loans before 2031?
Will Manifold start charging interest on loans before 2031?
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11
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2030
13%
chance

By "loan", I mean any automated loans on existing positions, in the same spirit of the currently implemented mechanisms, as of June 2023.

This is a question about mechanisms, not about specific loans.

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1y

We're heading into a situation where there will be big loans on the balance sheet but no new issuance.

reposted 1y

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1y

What if they charge interest on an extra loan you take out of a bet beyond the normal loan amount, but no interest on normal loans?

1y

@xyz can you clarify what you mean mechanically?

predictedNO 1y

@xyz You mean if they introduce new kind of loans, with different mechanism, and they charge interest on those?

1y

@jgyou IIRC you automatically get back 2% of your position every day as loans. So what if there was still no interest on those loans, but you were allowed to draw down another 10% of your position per day, but with interest. Does that count as starting to charge interest on loans?

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