Event settlement

Prediction Oracle Wallet

Prediction Oracle Wallet focuses on resolving an event under a written set of rules. Follow the designated evidence through proposal, challenge, final resolution, and the application's resulting state. This topic helps readers understand what a settlement decision means and which wallet action, if any, remains necessary after that decision.

Start with the rule that decides the outcome

A short event title can omit the measurement source, time zone, threshold, or treatment of a missing report. Record the complete question before examining the result. Those details determine which evidence can answer it.

For an illustrative rainfall event, a daily total from the wrong station does not settle the intended question. A corrected report also needs a stated treatment: does the rule use the initial publication or a later finalized record? The answer should come from the governing rules rather than an explanation improvised after the event.

Follow the proposal into application state

UMA documents an oracle model with proposals, a challenge period, and dispute resolution. Other integrations can differ, so identify the process actually used. Ask who proposes, who can challenge, and what makes the result final for that system.

Keep the event ending, evidence publication, oracle resolution, and application settlement as separate stages. An oracle answer may still need to be applied before a position becomes redeemable. The settlement lifecycle article follows a hypothetical example and explains why an ended event can still have an unresolved application state.

Review the immediate wallet action

A signing request might acquire a position, authorize an application, submit a proposal, challenge a result, or redeem a finalized claim. Identify that immediate purpose. The market headline cannot explain the complete transaction.

Inspect the affected assets, recipient, quantity, and additional permissions. Preserve the market identifier, rule version, evidence reference, and transaction record. For the surrounding position lifecycle, visit prediction markets workflows. For estimates made before an outcome exists, use Predict Oracle Wallet, which covers forecasting and calibration instead of settlement.

Keep asking

Prediction questions

Clarify the assumptions before comparing tools or authorizing an action.

Does a high forecast settle an event?

A forecast estimates an uncertain outcome. Settlement applies a defined evidence rule to the event. Keep the forecast value separate from the recognized outcome and any subsequent redemption operation.

What should an unresolved status explain?

It should identify the current dependency, such as unavailable evidence, a challenge window, a dispute, or a pending application operation, and explain what event or responsible party can advance the process.