🤝Settlement Rules

Criteria to Determine the Settlement of a Prediction Market Listing

Settlement Principles

1. Accuracy First

   • All markets are settled based on verifiable real-world outcomes

   • Multiple authoritative sources are consulted

   • Settlement decisions are final and irreversible

2. Timing

   • Markets are settled within 24 hours of the event's conclusion

   • Settlement time may be extended if outcome verification requires additional time

   • Users will be notified when settlement occurs

Valid Information Sources

Primary Sources:

• Major news organizations

• Official sports leagues and governing bodies

• Verified social media accounts of relevant entities

Not Accepted:

• Anonymous sources

• Unverified social media posts

• Personal blogs

• Forum discussions

• Unofficial websites

Settlement Process

1. Event Conclusion

   • Market enters "Pending Settlement" state

   • Trading is automatically halted

   • No new positions can be opened

2. Data Verification

   • Multiple authorized sources are checked

   • Data is cross-referenced for accuracy

   • Screenshots and links are archived

3. Resolution

   • Outcome is confirmed by platform operators

   • Market is marked as "Settled"

   • Winning positions are automatically paid out

Special Circumstances

1. Ambiguous Outcomes

   • If outcome is unclear, settlement may be delayed

   • Users will be notified of any delays

   • Additional verification steps may be required

2. Voided Markets

   • Markets may be voided if:

     • Event is canceled

     • Rules of event change significantly

     • Outcome cannot be verified

   • All trades will be refunded at original purchase price

3. Modified Events

   • If event details change but outcome can still be determined:

     • Users will be notified

     • Market continues with updated parameters

     • Settlement follows original timelin