Resolution Process
Market Resolution Process
Mettle Market uses a community-driven resolution system designed to reward integrity, encourage transparency, and provide a clear path for dispute resolution. Here's how it works:
1. Resolution Time
Every market has a predefined resolution time—the moment after which the outcome of the prediction is eligible to be finalized. This is clearly visible on each market page.
2. Proposal Phase (Post-Resolution)
Once the resolution time elapses:
Any user can submit a proposed outcome (YES or NO).
This requires a $500 USDC refundable bond.
The proposal is immediately visible to the public.
This mechanism is designed to ensure proposers have strong conviction and evidence for their submission.
3. 24-Hour Challenge Window
After a proposal is submitted, a 24-hour challenge period begins:
During this time, any other user can dispute the proposal by submitting a challenge.
Challenging also requires staking a $500 USDC bond.
If no challenge is submitted within the window:
The proposed outcome is automatically accepted.
The original proposer receives their bond back.
The market is officially resolved.
4. If the Proposal Is Disputed
If a dispute is raised during the challenge window, the market enters adjudication:
The Mettle Market team will investigate the real-world outcome.
The team will publish their final decision publicly (typically via social media and on the market page) supplied with some sort of evidence.
The market will then be resolved to that final decision.
If the dispute is successful:
The challenger’s bond is refunded, and the original proposer forfeits their bond.
If the proposal is upheld:
The proposer is refunded, and the challenger forfeits.
5. If the Outcome Cannot Be Verified
In rare cases where:
Insufficient evidence exists to support either YES or NO outcomes,
Or the event criteria were ambiguous or unverifiable,
The market will be declared void.
When a market is voided:
All users will be able to redeem their shares at their average buy price, ensuring no party suffers a total loss due to an ambiguous resolution.
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