some incredible stuff happening on @Polymarket
US government shutdown ended yesterday, but if you look at Polymarket for your news you’d think it’s still ongoing
one of their largest users lost about a million $ on it
most people read the title and understood the market to be about the shutdown ending
but the rules are written such that the resolution is not about the actual shutdown ending, but about when @USOPM updates their snow & dismissal procedures page
???
if you’re on @Polymarket’s mobile UX, the rules aren’t even visible on the main market page. they’re inside the date options.
they added “additional context” on the main page AFTER the november 12 market went from 96% chance to 2% chance
the bill was already signed by trump
but 12th Nov resolved to no even though that’s when the shutdown actually ended.
this is a failure from the markets team. they seem to be moving towards using single sources for resolution instead of a consensus of credible reporting
probably because some @UMAprotocol stakers in the past manipulated the consensus
imo if the goal is accurate pricing of information, resolutions should not be single source
@Polymarket if you’re worried about UMA whales manipulating results
LAUNCH YOUR OWN TOKEN NOW
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