Overview
Every position you hold on Predictions on the Betr app eventually reaches a finish line: the market resolves, and the outcome becomes final.
What resolution actually means
A market resolves once its outcome is no longer in question. From that point forward, trading stops, YES or NO shares that won pay out $1 each, and the losing side's shares are worth nothing. The rules that govern all of this are set the moment the market is created and are visible under the market's order book, so you can always check ahead of time exactly what it takes for a market to settle one way or the other.
Getting from "unresolved" to "resolved"
Resolution doesn't happen automatically. Someone has to propose an outcome, and doing so isn't free: the proposer puts up a bond in USDC.e. If that proposal holds up, they get the bond back plus a small reward. If it doesn't, the bond is gone.
That's worth taking seriously. Proposing an outcome before it's actually settled, or proposing the wrong one, means losing your entire bond. This isn't something to try unless you're confident and you understand exactly how the process works.
What happens after a proposal goes in
Once a proposal is submitted, it enters a review process handled by UMA, which checks that everything was submitted correctly. A clean proposal gets the bond and reward sent back to the proposer's wallet. If UMA finds a problem, the proposal moves into a separate dispute process instead.
There's also a built-in window for challenges: once an outcome is proposed, a two-hour period opens up during which anyone who disagrees with that proposed outcome can formally dispute it.