PredictBase
  • Welcome
  • Getting Started
    • About
    • Quickstart
    • Connecting Your Wallet
    • Bridging to Base
    • Wallet Troubleshooting
  • Using PredictBase
    • Exploring Markets
    • Placing a Bet
    • Viewing Your Bets
    • Market Resolution
    • Claiming Winnings
    • Creating a Market
  • RESOURCES
    • Fees
    • Glossary
    • Security & Privacy
    • Market Creation Terms
    • FAQs
Powered by GitBook
On this page
  1. Using PredictBase

Market Resolution

✅ Market Resolution

Once a market’s end time passes, it enters the pending resolution phase. During this phase, PredictBase admins review the outcome using the resolution resource provided by the market creator.

This process ensures fairness, objectivity, and transparency for all users.

🔎 Who Resolves the Market?

All markets are resolved by trusted PredictBase admins to prevent manipulation and ensure consistency.

Admins rely on:

  • The resolution source submitted during market creation (e.g., news articles, official sites, data feeds)

  • Publicly verifiable evidence

  • Community input, if needed

🧠 We may also use AI tools like OpenAI API to assist in reviewing large volumes of information, extracting factual outcomes, and suggesting verdicts — especially for fast or complex resolutions. However, admins make the final decision, not AI.

Admins cannot resolve a market arbitrarily — all outcomes must be backed by objective, verifiable data.

🔄 Resolution Outcomes

After review, the market will be set to one of the following statuses:

Status
What it means

Resolved

A winning option was selected. Users who picked it can now claim winnings.

Canceled

The market was invalid, unverifiable, or in violation of platform rules.

🧠 When Is a Market Canceled?

A market may be canceled if:

  • The question was unclear, misleading, or overly subjective

  • The resolution source is invalid, unverifiable, or missing

  • No users placed any bets

  • The event did not happen, or evidence was inconclusive

  • The market violates ethical or legal guidelines

In these cases:

  • All users can claim 100% of their USDC back

  • Protocol and creator fees are also refunded

⏱️ How Long Does Resolution Take?

Most markets are resolved within 24 hours after their end time. During peak activity, this may take slightly longer.

You can check the market’s resolution status at any time via:

  • The Market Page

  • Your Dashboard → My Bets

All changes are publicly recorded on-chain.

🛡 Transparency & Trust

PredictBase ensures that market outcomes are handled with full transparency:

  • ✅ All outcomes are recorded permanently on-chain

  • 🔒 Admins cannot access or reassign user funds

  • 🧑‍⚖️ All resolution decisions are accountable and auditable

Once a market is resolved, visit Claiming Winnings to collect your rewards if your prediction was correct.

PreviousViewing Your BetsNextClaiming Winnings

Last updated 28 days ago

🔍 Resolution actions can be verified via

BaseScan