2020 U.S. Presidential Elections results are expected to be released anytime soon. It is clear till now that Joe Biden is heading towards winning the election however, it is seen that people are still betting on President Donald Trump. The U.S. citizens are still purchasing TRUMPWIN tokenized futures contract whose cost has just increased by $0.03 and reached $0.05 now. It seems to be quite daring for those who still think that President Trump is still having a chance to win. TRUMPWIN or TRUMPLOSE Contracts Are ERC20 Tokens TRUMPWIN or TRUMPLOSE contracts of FTX are ERC20 tokens. It is specified that both these contracts are redeemable for $1 or $0 which completely depends on whether President Trump will win or lose the election. However, the contract will expire as soon as the winner of the election is declared. At present, the whole election results are surmounted by a lot of predictions and nervousness. Decision Desk HQ seems to believe that it is Buden who will win the election. However, others are still waiting for the final results to come out before declaring anything. A lot of people are under the impression that President Trump might not accept the election results if he does not win. FTX Created New Contract, TRUMPFEB TRUMOWIN or TRUMPLOSE does not seem to be the only contract created by FTX as it has now created TRUMPFEB. This contract is created due to the confusion that is going around about the results of the election and whether President Trump will accept it or not. Sam Bankman-Fried, CEO of FTX has said, “TRUMPFEB pays out $1 if Trump is president on Feb 1 no matter what publications say in the meantime.” Despite being quite clear, everyone is still waiting for the final results and everything will depend on that only.
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