Rules

These rules are applied to all the markets when each market is resolved.

1. Rules

No Ambiguous Market.

If the market question, details, or its outcomes are ambiguous, subjective or unknown,
the market will be reported as Invalid.

No implicit event source.

The market must explicitly specify the event source.
E.g.
Right: Will Ethereum price be traded above $300 on 1/1/2021 on Binance.com?
Invalid: Will Ethereum price be traded above $300 on 1/1/2021?

No event before the market ends.

If the event did not occur before the resolution time, the market should resolve as invalid.

No overlapping outcomes.

Outcomes must be unique from one and another within a market. If multiple outcomes share a common name, they must be easily distinguishable (i.e., Serena Williams and Venus Williams)

No overlapping winners

If a market has two winners, the market should be reported as Invalid.

E.g.
Question: When will Ethereum 2.0 Phase 0 launch?
Outcome1: After 11/1/2020
Outcome2: After 12/1/2020
Result: 12/1/2020

No incoherent question and outcomes.

A market which has incoherent question and outcomes will be regarded as Invalid.

E.g.
Question: When will Ethereum 2.0 Phase 0 launch?
Outcome1: Yes
Outcome2: No 

No market about the health status of individuals

The market deal with the health status of individuals will be regarded as Invalid.

E.g.
Invalid: Will Donald Trump be alive on the 01/12/2021? (Anyone could bet on “No.”
and kill him for a guaranteed profit. Anyone could bet on “Yes” to put a
bounty on his head effectively).
Invalid: Will Hera be a victim of swatting in 2020? (Anyone could
falsely call the emergency services on him to win the bet)

2. Default assumptions

3. Edge cases

If the revealed outcome has no stake, the pooled amount will be redistributed to the shares of other outcomes.