How settlement works in Buzzing
he settlement process on Buzzing ensures that all prediction markets are resolved fairly and transparently.
Automatic Settlement by AI
After the conclusion of an event, Buzzing’s AI automatically settles the market.
- After the conclusion of an event, Buzzing’s AI automatically settles the market.
- The settlement is based on credible and trusted sources to ensure accuracy.
Dispute Process
- If you believe the result is incorrect, you can file a dispute by clicking the “Dispute” button on the topic page.
- Once a dispute is filed, the topic will be reviewed by Buzzing’s moderators, and the resolution will be updated in a short period of time if necessary.
Final Settlement with UMA Oracle
- If you are not satisfied with the result viewed by Buzzing’s moderator, you can launch the second dispute as final settlement.
- For final settlements, Buzzing relies on UMA, a decentralized oracle also used by Polymarket, one of the largest prediction market platforms.
- UMA ensures that the final settlement is secure, accurate, and unbiased.
By following this process, Buzzing ensures that all markets are resolved transparently, giving users confidence in the platform’s fairness and credibility.
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