TMX & Predixa: Update from Friday's Zoom
📢 TMX & Predixa: Update from Friday's Zoom
For the past two months, Jake and the team have put almost all of their time into one thing: the legal setup for Predixa and the TMX ecosystem. New EU rules under MiCA have pushed several large exchanges out of Europe, and US crypto legislation is still being voted on. Our goal is to keep offering prediction markets and leverage trading in Europe and worldwide, while staying fully decentralized and run by smart contracts. This work is now in its final stage.
🔒 Why PLP and TLP are paused
While audits and legal reviews run, nothing in the system can be touched. Pausing deposits and withdrawals protects your funds during that review. Your TLP did not sit idle, though: unused liquidity was shared with other DEXs on Arbitrum, and the earnings from that will go to TLP holders as a bonus when TLP reopens.
What reopens once the legal work is complete
- Predixa updates resume, together with the PLP audit
- The TMX token is relisted on exchanges
- TLP opens again, withdrawals become possible, and liquidity-sharing rewards are paid out
- 2FA and password changes are switched on (already built, waiting for activation)
Further ahead: TMX leverage trading merges into Predixa, live-event predictions arrive, and a personal dashboard shows your holdings and lets you vote. New products only go ahead with more than 50% of votes. We are also preparing Predixa for integration with centralized exchanges and for institutional funding.
Jake will hold another Zoom soon and will ask for your ideas there. Once everything is unlocked, you will get weekly progress reports.
⚠️ Only information posted in our official Discord and Telegram comes from the team.