The Proposer Whitelist

When MOOV2 was announced, Risk Labs introduced an initial whitelist of 40 addresses, managed jointly by Risk Labs and Polymarket. This initial whitelist covered 96% of proposals made in the last 3 months. Over that time, whitelisted proposers had an accuracy of 99.7%, compared to 85.8% for non-whitelisted proposers. The goal was to reduce the number of incorrect proposals.

Whitelist Criteria

There were three ways to be part of the initial whitelist:

  1. Be part of the Risk Labs team

  2. Be part of the Polymarket team

  3. Have 20+ proposals with more than 95% accuracy in the last 3 months

Whitelisted Addresses

The current whitelisted addresses can be found by querying getWhitelist in the MOOV2 contract.

That being said, the addresses are anonymous, with no public record linking addresses to their users.

Who is Actually on the Whitelist?

While the addresses are anonymous, we can make some assumptions:

  • Risk Labs has an undisclosed number of employees on the whitelist

  • Polymarket has an undisclosed number of employees on the whitelist

  • A significant share of whitelisted addresses are bots

  • Many propose noncontentious markets, such as sports

  • Many are semi- or fully-automated

  • The few manual proposers are likely highly knowledgeable about the Oracle and its precedents to avoid disputes

Who Can Enter the Whitelist?

Entering the whitelist requires more than 20 proposals with 95% accuracy in the last three months. Lee notes in bullet #3 that he expects infrequent updates to the whitelist.

Summary

The MOOV2 whitelist was designed to improve proposal accuracy by limiting submissions to a select group of high-performing or trusted proposers, plus members of the Risk Labs and Polymarket teams. This approach has achieved high accuracy rates, but includes few highly experienced manual proposers. While the whitelist criteria and periodic updates aim to keep the group effective, the concentration of control raises questions about decentralization and transparency.

Coming Up

With the MOOV2 whitelist covered, we turn to its criticisms.

PreviousWhy the Changes Were MadeNextCriticisms

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