FAQ
How is the resolution of a market made?#
Ever wondered what happens after a market closes? How do we decide who gets the winnings? Well, sit back, grab some popcorn, and let’s break it down in the simplest way possible! 🍿
Step 1: The Market Closes#
Once the event tied to a market is over, the trading stops. No more bets, no last-minute changes — what’s done is done! 🎬
Step 2: The Oracle Does Its Magic 🔮#
Now, it’s time for the AI-based Oracle to step in. Think of it as the wise judge of Moonopol. It checks real-world data from multiple reliable sources and determines the true outcome of the event.
Step 3: The Verification Phase 🧐#
We double-check everything to ensure there’s no funny business. If something seems unclear (for example, if the event didn’t happen as expected), there’s a dispute phase where the community can step in and challenge the result.
Step 4: The Smart Contract Does the Math#
Once the outcome is verified, the Solana smart contract automatically distributes winnings to the people who bet correctly. No manual approvals, no delays — just instant, trustless payouts. 🚀💸
What If Things Get Messy?#
If the event result is unclear or disputed, the market may take extra time to resolve while everything is reviewed. But don’t worry, you won’t lose your funds, and everything is handled transparently on-chain.
Final Thoughts#
Market resolution on Moonopol is fast, fair, and decentralized. With blockchain magic and a little help from oracles, you can trust that every market is settled accurately. So go ahead, make your predictions, and let the system do the rest! 🎉