Snoop Dogg’s Smoke Saga: Crypto Wagers, Uncertain Abstinence

Stoners around the globe were informed on Thursday of a shocking development that is certain to provoke a cacophony of subdued expressions of shock: The patron saint of marijuana, Snoop Dogg, has declared his formal abstinence from the drug.

However, the DeFi market remains uncertain whether Snoop, the renowned actor, rapper, and crypto enthusiast, will abide by the public statement he issued today and put his rolling papers to rest permanently.

Degenerates are currently engaging in cryptocurrency wagers regarding the direction of the hazy haze.

A wager on the market for crypto predictions Having reopened mere minutes after Snoop’s declaration, Polymarket is accepting bets on whether the performer will resume smoking in 2023.

As of this writing, the wager, which will remain active until midnight on New Year’s Eve, has not generated much activity; however, an increasing number of limit orders are stacked in the order book, indicating some interest in the subject.

At present, the odds for the bet stand at even money. However, two points earlier today, wagering activity significantly increased the odds of “yes” to 73%.

This indicates that a wager at that time on Snoop keeping his word and placing the blunt offered considerably greater returns than a wager on him breaking his vow.

Nonetheless, the issue is not as straightforward as whether Snoop will violate his vow. There is a great deal of philosophical and technical inquiry.

What did the rapper mean when he stated today, “After much deliberation and discussion with my family, I’ve decided to quit smoking entirely”?

Did he declare a ban on all cannabis products or only those that require inhalation of fumes? Are culinary items exempt? Tinctures, then? Hand lotions? Regarding the position of vapes on the spectrum, is it necessary to consult the thin line that separates vaporization and combustion? Are aerosol chemists poised to experience a moment of prominence?

These inquiries apply not only to Snoop but also to the supervisors of the Polymarket wager. The sole question of the wager is whether or not Snoop will “smoke” before the New Year.

Should he inhale a substantial hookah vape on the White House front lawn during Thanksgiving, will individuals who invested their hard-earned tokens in the “yes” option be left without recourse?

Oracle DeFi network UMA is responsible for resolving the Snoopgate wager. The fine print of the wager reads as follows: “Statements from Snoop Dogg and a consensus of credible reporting shall serve as the resolution source for this market.”

However, what if Snoop cigars in private? What occurs if he ceases venturing outdoors? Since no one is present to scent the smoke from a blunt smoke in a mansion in Los Angeles, has the magic dragon been puffed? Sure, gamblers are about to discover the truth about the capacity of Oracle networks to connect smart contracts to the real world in an authentic and deserving test.