Market 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.

Who approves my market? Markets are community-approved through voting. You can vote to approve your own market, and others can vote as well.

  • If the majority of voters approve, your market is accepted.

  • If the majority decline it, the market is rejected.

It’s always a good idea to vote on your own market to help it get approved faster.

What happens if my market got rejected? If your market is rejected, any liquidity you provided can be refunded directly from your “My Markets” dashboard.

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.

Who settles my market? Anyone can settle your market, including you. You’re encouraged to propose your own settlement once the event is over. If you’re unavailable, someone else can do it, but it’s always safer and better if you settle your own markets to ensure accuracy and avoid challenges, plus - you earn more HILO.

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.

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