Evaluation & Validation

How are markets evaluated? New markets go through an evaluation phase where users vote to approve or disapprove. You must use HILO tokens to vote. If your vote matches the outcome, you earn a fixed reward.

What is the Validation phase? After a market ends, a user proposes a result. Others can challenge it. Then, a community vote determines the outcome. If unchallenged, the proposed result is finalized.

Can I be a proposer and challenger at the same time? No. To ensure fairness, users can only take one role per validation round — proposer, challenger, or voter.

What happens if no one challenges a proposal? If no one challenges within the challenge window, the proposed result is automatically accepted and the market is settled.

Can I vote to postpone a market? Yes. If you think it's too early to finalize a result, you can vote to postpone. This resets the validation process.