Polymarket contradicts UMA’s resolution on Barron Trump’s involvement with DJT token | Headlines | News | CoinMarketCap

06/27/2024 15:07
Polymarket contradicts UMA’s resolution on Barron Trump’s involvement with DJT token | Headlines | News | CoinMarketCap

Decentralized prediction market platform Polymarket said the resolution for the betting market on the DJT token from its oracle service UMA was …

Decentralized prediction market platform Polymarket said the resolution for the betting market on the DJT token from its oracle service UMA was “wrong” and that Polymarket is working on a “near-term solution” to be announced today.

Polymarket taps UMA, an optimistic oracle, to resolve wagers. Earlier UMA had determined “No” on a market betting on whether Barron Trump, son of Donald Trump, was involved in DJT. 

“This market will resolve to ‘Yes’ if a preponderance of evidence suggests that Barron Trump was involved in the creation of the Solana token $DJT. Otherwise this market will solve to ‘No,’” the Polymarket rules stated.

Polymarket, however, took issue with UMA's determination. “We firmly believe that UMA got this resolution wrong,” Polymarket wrote in a post on X. “It’s …

Read more --->