Polymarket Contradicts Its Oracle Service in Rarity for Prediction Market

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Nearly all UMA token holders voted that Donald Trump's son Barron was not likely involved in the DJT meme coin. Polymarket says UMA got it wrong.

In a rare move, Polymarket has contradicted its decentralized oracle service UMA with regard to the resolution of a market betting on whether Barron Trump was likely involved with the DJT token.Polymarket has signaled it may overrule UMA, a decentralized oracle service that referees the fast-growing platform's crypto-based prediction markets.

"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 resolve to 'No,'" the contract on Polymarket read."Determination as to whether Barron was involved in the creation of $DJT will be made by this market's decentralized resolver, UMA, and will take into account all available evidence as of 12 PM ET, June 23.

On Wednesday, Shkreli posted a series of screenshots on X purporting to show one of his associates saying that he's"trying to get Barron to come out of his shell," but that lawyers are likely advising the former president's son not to talk.

 

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