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This policy defines how markets are resolved, what happens during disputes, and the standards blastmarket.io follows to ensure fair and accurate outcomes.

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Resolution principles

All market resolutions on blastmarket.io follow these core principles:
  • Objectivity: Outcomes are determined by verifiable data, not subjective interpretation
  • Transparency: Resolution criteria are public and locked before trading begins
  • Consistency: The same standards apply to every market, regardless of creator or outcome
  • Finality: Once the dispute window closes, resolutions are final and irreversible

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How markets are resolved

  1. Trading closes: At a predetermined cutoff before the resolution date, trading is disabled. This prevents last-second exploitation when the outcome may already be known or highly certain.
  2. Outcome Verification: The market outcome is determined using the data source specified in the resolution criteria.
  3. Resolution Execution: Once the outcome is verified, the market is marked as resolved (YES or NO), and the 24-hour dispute window begins.
  4. Dispute Window: 24 hours begin immediately after resolution.
  5. Final Settlement: After the dispute window closes without a dispute, or after a dispute is resolved. The final settlement occurs: Winning positions get paid, losing positions expire worthless, and creator fees are distributed.

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Resolution standards

  • Clear binary outcomes: Markets must resolve to either YES or NO based on the criteria established at creation. There are no partial resolutions or “in-between” outcomes.
  • Exact criteria application: Resolution follows the exact wording of the resolution criteria. No interpretation, no exceptions.
  • Data source priority: If multiple data sources are specified, they are used in the order listed in the resolution criteria.

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Dispute process

  1. File dispute: User submits a dispute with evidence within 24 hours of resolution
  2. Dispute fee: A fee of $25 USDC is required to prevent spam (refunded if the dispute is successful)
  3. Review: Platform reviews the dispute and evidence
  4. Community input: Other users can submit supporting or opposing evidence
  5. Decision: Platform determines if the original resolution was correct
  6. Re-resolution or confirmation: Market is either re-resolved with the correct outcome or the original resolution is confirmed
Typical dispute timeline: 48-72 hours from filing to final decision

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Dispute outcomes

If the dispute is valid:
  • Market is re-resolved with the correct outcome
  • The dispute fee is refunded to the filer
  • Payouts are distributed based on the corrected resolution
If the dispute is invalid:
  • Original resolution stands
  • The dispute fee is retained by the platform
  • Payouts proceed as originally determined

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Policy enforcement

blastmarket.io enforces this resolution policy consistently across all markets. Violations of this policy by market creators, users, or platform operators will result in:
  • Market voiding and refunds
  • Account suspension for repeated violations
  • Permanent ban for intentional manipulation or fraud

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Policy updates

This policy may be updated to reflect:
  • New data sources and oracle technologies
  • Improved verification methods
  • Community feedback and edge cases
  • Regulatory or legal requirements
Changes to this policy do not affect existing live markets. Markets resolve according to the policy version that was in effect when they were created.