after close
Nvidia earnings
The first obvious adverse-selection test. The reward curve keeps running while the reference price can gap.
DEEPSTATE / WHAT HAPPENS NEXT
Deepstate has paid for the first quote. These are the moments that show whether it bought a market or a temporary leaderboard.
The first obvious adverse-selection test. The reward curve keeps running while the reference price can gap.
DEEP becomes voting power only after it is burned into STATE. Early rewards now have a political deadline.
The initial electorate is set. A Governor contract alone does not settle much; its voting power has to be broadly held.
Qualifying size climbs while hourly rewards fall. Smaller participants have to decide whether they are actually market makers.
Whatever volume and depth remain after the rent stops are the protocol's real product.
What to watch through each date: spread, executable size, cancellations, maker retention and the distribution of STATE voting power. Headline volume alone is not enough.