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Market Resolution

Once a market's underlying event has concluded (or the end date has been reached), the market enters the resolution phase.

Oracles​

Winnr caters to different market needs, ensuring both speed and accuracy in market resolutions.

Winnr Optimistic Oracle​

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The oracle is currently in active development.

For complex real-world events that cannot be resolved via simple price feeds, Winnr is developing a native optimistic oracle. This oracle ensures markets are resolved fairly without centralized points of failure.

The optimistic resolution process works as follows:

  1. Event Occurs: The real-world event takes place.
  2. Initial Proposal: An initial outcome is proposed to the oracle network.
  3. Dispute Window: A challenge period begins (e.g., 24-72 hours) during which anyone can dispute the proposed outcome by staking tokens if they believe it is incorrect.
  4. Finalization:
    • If no disputes occur, the proposed outcome becomes final.
    • If disputed, the issue is escalated to a wider voting process for a definitive resolution.

Pyth Network​

For some price-based markets (e.g., 15-minute markets) where instant resolution is critical for user experience, Winnr integrates with the Pyth Network. Pyth provides high-fidelity, sub-second price feeds, allowing for rapid and definitive resolution of short-term, speed-critical markets.

Payouts & Settlement​

Once an oracle (Pyth or the Winnr Oracle) finalizes the outcome, the market is permanently locked and trading ceases.

  • Shares of the winning outcome are redeemable for 1 USDC each.
  • Shares of the losing outcome become worthless (0 USDC).

Claiming Winnings​

Once a market is finalized, you can claim your winnings directly from the market page or your Portfolio dashboard. This will require a transaction signature from your wallet to execute the smart contract function that transfers the USDC to your account.