After the clamp robot made hundreds of thousands of dollars on Solana's Dogecoin, scientists discovered a new track where people are stupid and rich, and they can just bend down to pick up money.
🌋Track background
After the gambling market @Polymarket, which raised $74 million, announced its latest $45 million in financing in May, countless black people have flocked to this unpopular track, calling it "prediction", but in fact it is no different from gambling with everyone at the village entrance.
In April, there were only 9,000 (936) active wallets, but after the announcement of a $45 million funding round on May 14, the number of new users skyrocketed:
May 11,000
June 19,000
July 26,000
The studio owners know how many black slaves there are.
In the past, Polymarket’s gambling odds had no liquidity. The gambling process was almost a buy-and-leave-it process. When the winnings were drawn, you either made money or lost everything. It was difficult to quit midway.
But after tens of thousands of people entered the market, the black slaves provided sufficient liquidity for the market, and scientists found a way to get rich by making crazy money.
🧙♂️The protagonist appears
Gripper robot bama124, at your command
In the upper right corner of @Polymarket, click on the Ranks list, and you can see this awesome robot. It just registered a Polymarket account last month. In just one month, it has made a crazy profit of $988,000, just one step away from the "million-dollar" achievement.
🐶 Human or Machine
Xiao Xiong observed its trading records, 24-hour non-stop high-frequency trading, dozens of pages of daily transactions, and a monthly trading volume of 11.93 million US dollars. This is definitely not something a human player can do, so I judged it to be a robot.
🌈 Profit speculation
The transaction records show that most of them are small orders, which is consistent with the market characteristics of Polymarket's lack of liquidity. Since every transaction in Polymarket is on the chain, there is a market bid-ask spread (Spread) for each transaction.
I suspect that this bot is using Polychain's self-built nodes to get ahead of the game, grabbing buy/sell orders with higher gas and selling them to real users at high prices. The bot continues to perform sandwich attacks on users, commonly known as "clamps" to make money
❎With all due respect, I don’t have the ability to analyze the complete trading data of bama124. The volume is too large to be covered by human power. I can only put forward my hypothesis.
If scientists are interested, this is a very profitable opportunity. Please correct me, because my guess about its profitability may be wrong. Always look at things with a skeptical eye.
🪂 Polymarket Airdrop Tips
Let me pour some cold water on you first. The prediction protocol is not what many people imagine: “There is no profit channel, and you can only exit by issuing coins.”
In fact, it can be very profitable
I will just throw out some ideas, for example: predicting market making, oracle price guidance, using UMA to vote on project profits, etc.
This world is full of gray areas and power. I would like to advise you, naive leeks, don't think you can get away with it from the big guys who run casinos. You will be miserable.
✅ Summary
There is no shortage of opportunities to make money in the blockchain. It is full of gold mines and traps. As long as you have a spirit of exploration, you will definitely be able to make a living.
Come on everyone!
Remark:
bama124 robot display https://polymarket.com/profile/0xe5c8026239919339b988fdb150a7ef4ea196d3e7?tab=activity
Dune Data Source
https://dune.com/lifewillbeokay/polymarket-clob-stats
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