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.
“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. Bettors had placed over $1 million on the market, according to the Polymarket page. UMA’ s optimistic oracle operates to record verifiable truth or data for smart contracts. It’s used for dispute resolution with decisions voted upon by token holders.
Blockchain analytics platform Arkham even awarded a $150,000 bounty to ZachXBT, who first revealed that Shkreli was behind the DJT token.
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