Resolution
When a market closes, its outcome is finalized (this is resolution), and holders settle their outcomes for USDT.
#How an outcome is determined
For a closed market, the operations team finalizes the outcome. In a binary market, either YES or NO becomes the correct answer, and:
- 1 winning share → 1 USDT
- 1 losing share → 0 USDT
Categorical and scalar markets may settle proportionally depending on the outcome distribution. The exact settlement basis is shown in the Resolution section of the market page.
#Cancelled markets
A market that's CANCELLED because its outcome was voided refunds holders USDT proportionally. This is usually based on the last market price just before cancellation. For example, if a market where YES stopped at 0.65 is cancelled, 1 YES share is refunded as 0.65 USDT and 1 NO share as 0.35 USDT. If you held equal amounts of YES and NO, you effectively get your principal back.
#Redeeming
In a resolved market, press the Redeem button and USDT is deposited to your wallet. There's no expiration, so you can redeem later. For the detailed procedure, see Redeem.
#If resolution is delayed
- The Resolution section on the market page — shows whether an outcome has been entered and what the source is.
- Raising a dispute — if you believe there's a clear error, contact the operations team (currently a manual process).