Gondor v1 launches Polymarket full portfolio margin lending, expected to officially go live in September

According to The Block, the DeFi startup project Gondor based on Polymarket has announced the launch of version 1, which will support users in cross-margin lending for their entire Polymarket portfolio to obtain credit for purchasing more prediction market shares.

This feature is expected to go live publicly in September, with the private testing phase starting next week. Gondor v1 is a significant upgrade from its beta version tested 7 months ago. The previous beta version only supported lending against a single position, while the cross-margin model assesses based on the overall account health of the user, similar to how traditional financial brokers grant credit based on a client's diversified portfolio.