On November 9, Polymarket announced on their settlement page that they are planning to give out airdrops in the future. Users who reinvest their bonuses into other markets may be eligible for bigger rewards and airdrops. This decision might be due to the large amount of funds being withdrawn after the election results.
According to Defillama data, the TVL of Polymarket was US$511 million on November 6, but it dropped to US$185 million on November 8. Polymarket is also reportedly in talks to raise over $50 million in funding and discuss the possibility of launching a token for their prediction markets.
