A Consensus of Credible Reporting

If you've read through Polymarket's rules, you've likely seen that many markets list their resolution source as a consensus of credible reporting.

What is a consensus of credible reporting?

A consensus of credible reporting is a flexible and broad standard for verifying events. It allows markets to resolve based on verified agreement across multiple credible outlets rather than relying on a single source. It means that several independent and trustworthy outlets confirm the same event through consistent reporting.

For example, if Reuters, The New York Times, and The Guardian all report that a major agreement was reached, that would form a valid consensus.

When is it used?

A consensus of credible reporting is used when market rules do not specify a source or when official statements are incomplete or delayed. It is common in markets about developing or uncertain events, such as ceasefires, trade agreements, or election outcomes. It can also serve as a backup resolution source when no official confirmation is available or when government statements are unclear.

Why does this matter?

Relying on a consensus of credible reporting helps keep market resolutions fair and accurate. It reduces bias, prevents dependence on a single outlet, and ensures that outcomes reflect verified facts from credible journalism.

There are two main parts to a consensus of credible reporting: source credibility and consensus. The following chapters will explain how to evaluate both.