Svmuu News: Gondor, a DeFi project built on Polymarket, has announced the launch of Gondor v1, which is scheduled to go live in September of this year. The product will allow users to borrow against their entire Polymarket portfolio as collateral and use the borrowed funds to purchase additional shares in prediction markets. According to reports, Gondor v1 employs a cross-margin model. Unlike the previous beta version, which allowed borrowing against individual positions, users can now obtain credit lines based on their total account assets. The product is currently in the testing phase, and the team states that the beta version has attracted more than 150,000 users to its waitlist. (The Block)