PANews July 14 news, according to The Block, the Polymarket-based DeFi startup Gondor announced the launch of its v1 version, which will allow users to cross-margin their entire Polymarket portfolio, borrow against the whole portfolio as collateral, and use credit to buy more positions. It is expected to publicly launch in September, with a private test beginning next week. The earlier beta only supported borrowing against a single position, which carried high gap risk and costly borrowing. Cross-margining provides credit based on the “health” of a user’s entire account, similar to how prime brokers extend credit against a client’s diversified portfolio.
