Intro

You can participate in the oracle by submitting proposals.

What is proposing?

Proposing means submitting an answer to a market's outcome question.

Why do markets need proposals?

For a market to resolve, an outcome must be submitted through a proposal. When the proposal is accepted, the market resolves to that outcome.

What do I need to get started?

To submit proposals, you need 750 USDC.e on the Polygon network. This serves as your bond when proposing.

How can I propose?

To submit a proposal:

  1. Go to the market's Rules section.

  2. Click Propose resolution. This opens the UMA Oracle interface.

  3. Approve your USDC.e bond.

  4. Select your answer, confirm it, and click Propose.

What happens next?

After submitting your proposal:

  1. It appears under the Verify tab.

  2. It enters a challenge period (2 hours).

  3. If undisputed, the market moves to the Settled tab.

  4. If disputed, it will proceed to a vote in the next voting cycle.