The rules governing a market's outcome—including the information, source, and timing for resolution—are explicitly detailed within each market’s terms.
Once a market concludes, Bayes Market determines the final outcome in strict accordance with these predefined rules. Our process is meticulous and designed for accuracy and fairness. We retrieve official data from the specified objective source outlined in the market's rules and use it to confirm the winning outcome. Resolution times can vary, as they are dictated by when we receive the official data, but once an outcome is confirmed, winning shares become redeemable for 1 BYUSD each.
At Bayes Market, we pride ourselves on our unbiased approach to resolution. Our strict adherence to our rules ensures that all markets are settled fairly, providing a level playing field for every participant. The integrity and fairness of our outcomes are top priorities.
We are also keep upgrading our oracles to further decentralize and automate this process, reinforcing our commitment to cryptographic truth and neutrality. If you have any questions about a market's rules, our Markets Team is available to provide clarity via our community channels.