Sorry, we failed. To get straight to the point, the probability of Polymarket issuing its own token has greatly decreased, and the project team will 99% choose to go public on the US stock market. After three years of interaction with the community, they are now facing a backlash +1. Let me explain the reasons. 1⃣ The oracle has completed its update. Today, Polymarket officially announced the abolition of the UMA token voting mechanism, which has been attacked multiple times, and introduced a new MOOV2 contract, fully updating the oracle. 🔹This means that my previous assumption: "Issuing its own governance token to empower oracle voting, replacing the manipulated UMA" has fallen through. Polymarket no longer needs to issue a token for oracle voting. 2⃣ Compliance route, returning to the US. On July 21, 2025, Polymarket announced the acquisition of the derivatives exchange QCEX for $112 million. This exchange holds a US DCM/DCO license, allowing it to operate as a registered exchange and comply with regulations to re-enter the US market. // I watched an interview with the founder in July, and he mentioned wanting to "explore issuing its own stablecoin." This should be to increase the company's revenue to meet the profitability requirements for going public, you see? In the past, Poly went to great lengths to restrict US IP logins, but now they are spending hundreds of millions to return to the US legally. What does that mean? If they wanted to issue a token, they should have done it when the US election market was hottest. There’s no need to spend money now to acquire a license. In the crypto world, what I fear most is when founders become powerful and lose their way, wanting to achieve fame and go public. Last time, the foundation's website confirmed that it was a prank registered by community members. We early users in the crypto space have become the cost of innovation for a great US public company. ✅ Summary There is only one kind of heroism in the world: to recognize the truth of life and still love it. The money lost in the Poly casino cannot be recovered through airdrops. This year, backlash +1. Recognizing the reality of airdrops means that it’s a low-probability gamble for high multiples; it’s impossible to make money on every one. However, I will still walk this path without hesitation until victory.