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For the complete documentation index, see llms.txt. This page is also available as Markdown.

Summary

Markets using the UMA Oracle resolve through three main steps: event, proposal, and resolution. An event must meet the market's resolution criteria before the market is ready for proposal. The proposal can then go undisputed or be disputed. Once an outcome is finalized, the market may be ready to resolve.

There are two possible paths after a proposal is submitted:

Undisputed

  1. Proposal submitted

  2. Proposal remains undisputed during the challenge period

  3. Outcome finalized

  4. Market resolves

Disputed

  1. Proposal submitted

  2. Proposal disputed during the challenge period

  3. Discussion

  4. Vote

  5. Outcome finalized

  6. Market resolves, if applicable

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