Thank you for using the app and for all your feedback. This may be hard to believe, but we’re actually working on fixes for every issue you mentioned except the long time horizons! In particular, we have the following scoped into our current sprint: 1) improve our in-app economy management (i.e. so there’s not so many inflationary points), 2) increasing the max share limit, and 3) updating the leaderboard to be less swing-y.
The reason the leaderboard varies so drastically is that we use current liquidation value (how much you would get if you tried to sell your whole position this minute) rather than #shares X market price to calculate the leaderboard. As a result, if you have a big, market-moving position, you don’t get the credit for it until the question closes in your favor. We’ve been using this value because we thought it would be a more accurate representation of your position in the market. It turns out it just confuses people and penalizes ‘value investing’. Whoops!
We don’t have a good answer on incentivizing long time horizon questions. We’ve thought about giving points bonuses or possibly some form of dividend for holding questions for a long time. We’re very open to feedback on this one.
Thank you for using the app and for all your feedback. This may be hard to believe, but we’re actually working on fixes for every issue you mentioned except the long time horizons! In particular, we have the following scoped into our current sprint: 1) improve our in-app economy management (i.e. so there’s not so many inflationary points), 2) increasing the max share limit, and 3) updating the leaderboard to be less swing-y.
The reason the leaderboard varies so drastically is that we use current liquidation value (how much you would get if you tried to sell your whole position this minute) rather than #shares X market price to calculate the leaderboard. As a result, if you have a big, market-moving position, you don’t get the credit for it until the question closes in your favor. We’ve been using this value because we thought it would be a more accurate representation of your position in the market. It turns out it just confuses people and penalizes ‘value investing’. Whoops!
We don’t have a good answer on incentivizing long time horizon questions. We’ve thought about giving points bonuses or possibly some form of dividend for holding questions for a long time. We’re very open to feedback on this one.