There already are optional expiration dates, and I use them a lot whenever I can guess the next time new information may become available that I’d want to have a chance to react to.
Half of time remaining is a good guess, for at least about 33% of my bids I’d say (?) So this would speed up bidding somewhat for me, and likely get a lot of people who don’t use expiration dates to use them, and save their skin.
For the IMO markets one problem would be that the markets were set up to close at EOY, not during the IMO. I do not know why. So for anyone who bid in 2025 the default proposal would’ve been too late regardless.
There already are optional expiration dates, and I use them a lot whenever I can guess the next time new information may become available that I’d want to have a chance to react to.
Half of time remaining is a good guess, for at least about 33% of my bids I’d say (?) So this would speed up bidding somewhat for me, and likely get a lot of people who don’t use expiration dates to use them, and save their skin.
For the IMO markets one problem would be that the markets were set up to close at EOY, not during the IMO. I do not know why. So for anyone who bid in 2025 the default proposal would’ve been too late regardless.