Polymarket Update Today: Deposit Wallet Launching Tomorrow, Multiple Issues Fixed
Polymarket announced that the deposit wallet feature will launch soon, addressing the ghost fills issue, scheduled for release on May 4 at 12:30 UTC, with a possible maintenance period of up to 30 minutes.
The remaining liquidity rewards from the April 28 migration day have been allocated, and users can check them on the rewards page, with normal distribution at midnight UTC.
Earlier today, there was a 40-minute interruption in reward accumulation, which has now been fixed, and real-time liquidity rewards are accumulating normally.
The team is addressing the increasing issue of "insufficient balance/authorization" errors and plans to fix the PnL display anomalies around Wednesday.
Source: Public Information
ABAB AI Insight
Polymarket has previously completed its migration, and this series of updates continues its path of rapid product iteration and liquidity mechanism, similar to past fixes for user experience issues.
On the capital path, the platform enhances user retention and trading volume through deposit wallet optimization and reward distribution, directing funds towards liquidity providers and platform revenue, with the motivation to consolidate its leading position in the prediction market.
Currently, Polymarket is in a stabilization and optimization phase post-migration, with technical fixes ongoing.
Essentially, this is product iteration: quickly fixing issues like ghost fills and PnL to enhance user experience, as high-frequency trading platforms need to continuously optimize friction, concentrating pricing power on the prediction market platforms that provide the best user experience.
ABAB News · Cognitive Law
The faster the product launches, the more important the iteration speed.
Fixing user pain points is the time for retention growth.
For liquidity platforms, experience is the barrier.