How Are Prediction Markets Resolved?

Overview

YC365 prediction markets are resolved through a comprehensive, role-based process that leverages our smart contract architecture, oracle integration, and multi-language support to ensure accurate, transparent, and timely settlement across our global user base.

Resolution Architecture

🏗️ Smart Contract Resolution System

Core Resolution Components:

DP Contract Set: Handles result publishing and outcome determination
LP Contract Set: Manages automatic settlement and profit distribution
Oracle Contracts: Secure event outcome verification from multiple sources
Vault Contract Set: Distributes winnings and manages final asset transfers
Factory Contract Set: Oversees resolution permissions and governance

Multi-Language Resolution Support:

Global Communications: Resolution announcements in all 6 supported languages
Cultural Timing: Resolution scheduled considering global time zones
Regional Sources: Local data sources for region-specific events
Localized Notifications: User notifications in preferred language

Role-Based Resolution Process

🎯 Phase 1: Pre-Resolution Monitoring

Asset Administrator Responsibilities:

Outcome Tracking and Preparation:

Event Monitoring: Continuously monitor relevant events approaching resolution
Data Source Validation: Verify reliability and accuracy of outcome sources
Oracle System Preparation: Configure oracle systems for result verification
Multi-Source Verification: Prepare multiple verification sources for accuracy

Technical Preparation:

Smart Contract Review: Verify resolution logic and settlement parameters
Gas Fee Optimization: Prepare for efficient settlement transactions on BSC
Network Monitoring: Ensure BSC network stability for settlement operations
Backup Systems: Activate redundant systems for critical resolutions

Data Administrator Support:

Resolution Criteria Review: Verify resolution criteria accuracy and clarity
Source Documentation: Maintain updated list of official resolution sources
Historical Data: Provide context and historical precedent for similar events
Multi-Language Coordination: Ensure resolution communications prepared in all languages

⏰ Phase 2: Market Expiration and Trading Halt

Automatic Trading Suspension:

Pre-Resolution Halt: Trading automatically stops 1 hour before scheduled resolution
Smart Contract Enforcement: Trading Contract Set prevents new orders
User Notifications: Automatic notifications in user's preferred language
Final Price Recording: Last trading prices recorded for reference

Expiration Management:

Trading Halt Timeline:
- T-1 hour: Automatic trading suspension
- T-30 minutes: Final price snapshot
- T-15 minutes: Resolution preparation
- T-0: Event resolution begins

📊 Phase 3: Outcome Determination and Verification

Asset Administrator Resolution Process:

Multi-Source Data Collection:

Primary Sources: Official government agencies, sports leagues, corporate announcements
Secondary Verification: Reputable news organizations and verified media
Technical Data: APIs, data feeds, and automated verification systems
Expert Validation: Domain expert consultation for complex outcomes

Oracle Integration Process:

Data Upload: Asset Administrators upload verified results to oracle systems
Cross-Reference Verification: Oracle system validates against multiple sources
Consensus Mechanism: Multiple oracle nodes confirm outcome accuracy
Result Publication: Verified results published to DP Contract Set
Blockchain Recording: Final outcomes permanently recorded on BSC

Resolution Verification Standards:

Multiple Source Requirement: Minimum 3 independent sources for major events
Time-based Verification: 24-hour window for outcome confirmation
Expert Review: Domain expert validation for complex or disputed outcomes
Community Oversight: Public validation period for transparency

🔧 Phase 4: Automated Settlement Execution

Smart Contract Settlement Process:

Automatic Settlement Triggers:

Result Verification: Oracle confirms event outcome
Settlement Initialization: LP Contract Set begins settlement process
Token Valuation: YES/NO tokens assigned final values (0 or 1)
Profit Calculation: Automatic calculation of user winnings
Asset Distribution: Vault Contract Set distributes USDT to winners

Settlement Mechanics:

// Simplified Settlement Logic
if (outcome == YES) {
    yesTokenValue = 1.0 USDT;
    noTokenValue = 0.0 USDT;
} else {
    yesTokenValue = 0.0 USDT;
    noTokenValue = 1.0 USDT;
}

userPayout = (userTokens × tokenValue) - platformFees;

Fee Processing and Revenue Distribution:

Platform Fee Collection: Automatic 0.15% fee deduction
Gas Fee Management: BSC network fees handled automatically
Revenue Distribution: Fees distributed according to platform revenue model
Transaction Recording: All fee transactions recorded on-chain

🌐 Phase 5: Multi-Language Communication and Support

Global Resolution Communication:

Immediate Notifications:

Resolution Announcements: Instant notifications in all 6 supported languages
Outcome Summary: Clear explanation of results in user's preferred language
Payout Information: Detailed payout calculations and timelines
Support Availability: 24/7 support in multiple languages

Documentation and Transparency:

Resolution Reports: Comprehensive reports in all supported languages
Evidence Archive: Multi-language documentation of resolution evidence
Process Timeline: Step-by-step resolution process documentation
Community Updates: Regular updates through official channels

Cultural and Regional Considerations:

Time Zone Sensitivity: Resolution timing considers global user base
Cultural Holidays: Avoid resolution during major cultural holidays
Local Market Hours: Consider local market hours for financial events
Regional Expertise: Utilize regional experts for local events

Resolution Timeline and Performance

⚱️ Standard Resolution Timelines

Resolution Speed by Event Type:

Sports Events: 30 minutes - 2 hours
- Live events: Near real-time
- Post-game verification: 30-60 minutes
- Complex outcomes: 1-2 hours

Political Events: 2-24 hours
- Clear outcomes: 2-6 hours
- Close elections: 6-24 hours
- Contested results: 24-72 hours

Economic Indicators: 1-6 hours
- Official data releases: 1-2 hours
- Market-based metrics: 2-6 hours
- Complex calculations: 4-6 hours

Technology Events: 30 minutes - 12 hours
- Product launches: 30 minutes - 2 hours
- Earnings reports: 1-4 hours
- Technical milestones: 2-12 hours

Performance Metrics:

Average Resolution Time: 4.2 hours globally
Accuracy Rate: 99.7% correct resolutions
Dispute Rate: 0.8% of total markets
User Satisfaction: 94% satisfaction rate across all languages

🚨 Dispute Resolution Integration

Built-in Dispute Mechanisms:

Challenge Period: 24-48 hour window for outcome disputes
Evidence Review: Systematic review of dispute evidence
Expert Panel: Multi-expert review for complex disputes
Community Voting: Community input for disputed outcomes
Final Authority: Platform decision process for unresolved disputes

Dispute Resolution Timeline:

Dispute Filing: T+0 to T+48 hours
Evidence Review: T+48 to T+72 hours
Expert Analysis: T+72 to T+96 hours
Community Input: T+96 to T+144 hours
Final Decision: T+144 to T+168 hours

Advanced Resolution Features

🔍 Oracle Technology Integration

Multi-Oracle Architecture:

Primary Oracles: High-reliability institutional data providers
Secondary Oracles: Backup verification systems
Community Oracles: Decentralized community verification
Failover Systems: Automatic failover to backup oracles

Oracle Verification Process:

Data Aggregation: Collect data from multiple oracle sources
Consensus Algorithm: Mathematical consensus on outcome
Outlier Detection: Identify and investigate outlier data
Final Verification: Asset Administrator validation of oracle consensus
Blockchain Publication: Final result published to smart contracts

📊 Advanced Settlement Analytics

Settlement Performance Monitoring:

Transaction Speed: Monitor settlement transaction processing times
Gas Efficiency: Track and optimize gas usage for settlements
Error Detection: Identify and resolve settlement errors quickly
User Experience: Monitor user satisfaction with settlement process

Financial Reconciliation:

Asset Tracking: Complete tracking of all platform assets
Payout Verification: Verify all user payouts are accurate
Fee Accounting: Detailed accounting of all platform fees
Reserve Management: Maintain adequate reserves for all settlements

Quality Assurance and Compliance

✅ Resolution Accuracy Standards

Quality Control Measures:

Pre-Resolution Review: Comprehensive review before settlement
Multi-Party Verification: Multiple party verification of outcomes
Historical Consistency: Ensure consistency with historical precedents
Error Prevention: Systematic error prevention and detection

Compliance Framework:

Regulatory Adherence: Compliance with applicable regulations
Audit Trail: Complete audit trail for all resolution activities
Documentation Standards: Comprehensive documentation requirements
Transparency Requirements: Full transparency in resolution process

📈 Continuous Improvement

Process Optimization:

Performance Analysis: Regular analysis of resolution performance
User Feedback Integration: Incorporate user feedback for improvements
Technology Upgrades: Continuous technology improvements
Training Programs: Ongoing training for resolution team

Innovation Pipeline:

AI Integration: Artificial intelligence for outcome prediction
Automated Verification: Enhanced automated verification systems
Real-time Settlement: Near-instant settlement capabilities
Predictive Analytics: Predictive analytics for resolution planning

Global Accessibility and Support

🌍 Multi-Language Resolution Support

Language-Specific Features:

Native Language Support: Full resolution process in user's native language
Cultural Adaptation: Resolution communications adapted for cultural context
Local Expert Network: Regional experts for local event resolution
Time Zone Optimization: Resolution timing optimized for global accessibility

Support Infrastructure:

24/7 Multilingual Support: Round-the-clock support in all supported languages
Regional Support Teams: Dedicated support teams for each major region
Community Forums: Language-specific community forums for discussion
Educational Resources: Resolution education materials in all languages

📱 User Experience Optimization

Interface Design:

Intuitive Resolution Display: Clear, easy-to-understand resolution information
Mobile Optimization: Full mobile support for resolution monitoring
Real-time Updates: Live updates on resolution progress
Accessibility Compliance: WCAG compliance for all resolution interfaces

Communication Channels:

Push Notifications: Real-time push notifications for resolution updates
Email Notifications: Detailed email notifications in user's language
SMS Alerts: Text message alerts for critical resolution updates
Social Media: Public resolution announcements across social platforms

YC365's resolution process represents the pinnacle of prediction market settlement technology, combining advanced smart contracts, reliable oracle systems, and comprehensive multi-language support to ensure accurate, timely, and transparent resolution for our global community.

Through our systematic, role-based approach and commitment to excellence, we maintain the highest standards of resolution accuracy while providing exceptional user experience across all supported languages and regions.