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Verdict.rip Beta
How it works Create
20% chance

Will Verdict.rip win Crypto World's Fair Colosseum Hackaton?

Creator 0.1 % CUmTFL.
The creator is also the resolver
Open
$SOL
Minted
$4
Vol.
$4
Liquidity
$0
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  1. Done Created Anyone creates a market. It is Open from the very first transaction. The creator pays the creation fee, if there is one, and the resolver is set for good. (<1m)
  2. In progress Trading open Until the deadline, anyone can mint, merge, post and take orders on the order book, and cancel their own orders. Minting holds back the creator's and the resolver's share. (53d)
  3. Upcoming Trading closed At the deadline, minting and the order book close. Merging stays open, and everyone can still cancel their orders and claim what the book owes them. (<1m)
  4. Upcoming Awaiting verdict The market is Judging. Only the resolver can record the verdict, except a verdict that follows from a linked subject, which anyone can record. It must come within 24 hours after the deadline; with no verdict by then, the market is Voided.
  5. Upcoming Verdict The verdict is YES or NO (Resolved) or Invalid (Voided). With early settlement, it can land while the market is Open: minting and the order book then close at that moment. It is final, and after a void a late verdict is refused forever. Only the resolver records the verdict. —
  6. Upcoming Redeem Anyone holding tokens can redeem, with no fee. When Resolved, each winning token redeems for 1 unit. When Voided, each YES and each NO redeems for half, plus the held-back share that payout frees. You can redeem once the market is resolved or voided. —
  7. Fees released After a YES or NO verdict, anyone can release the held-back share, once: it is credited to the creator and the resolver. When Voided, nobody is paid. Fees can be released once a verdict is recorded.
  8. Claimed The platform, the makers, the creator and the resolver claim what they are credited, whenever they like. Anyone can trigger a claim, and it is always paid to the owner's own account. Connect a wallet first.
  9. Order book closed Once trading has closed, anyone can refund the remaining orders, then close the order book when nothing is owed any more. The rent goes back to the creator, and leftover gifts go to the platform. Connect a wallet first.

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