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This is a market on whether Katie Britt will win the Republican nomination for Senator of Alabama. The primary election is scheduled to take place on May 24, 2022. If Katie Britt wins the Republican nomination for Senator of Alabama, this market will resolve to “Yes”. Otherwise this market will resolve to “No”. Determination of the Republican nominee for the 2022 election for the Senator of Alabama will be based on a consensus of credible reporting; or, if there is ambiguity, the final state election authority certification or other final official determination of the 2022 election results. If no Republican nomination for Senator of Alabama is made by July 24, 2022, 12:59:59 PM ET, this market will resolve to 50-50.
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.