Gondor will launch a Polymarket margin account, allowing users to borrow money by pledging their entire prediction market portfolio.

Odaily Planet Daily reports that Gondor, a DeFi project based on Polymarket, has announced the launch of Gondor v1, scheduled for public release this September. This product will allow users to borrow using their entire Polymarket portfolio as collateral and use the borrowed funds to purchase more prediction market share. Gondor v1 employs a cross-margin model, allowing users to obtain credit lines based on their overall account assets, unlike the previous Beta version which borrowed from individual positions. The product is currently in the testing phase, and the team claims that the Beta version has attracted over 150,000 users to join the waiting list. (The Block)