Dispute Resolution Policy: How Market Settlement Disputes Are Resol…
Dispute Resolution Policy
When market settlement outcomes are contested, HiYesNo follows a transparent, decentralized dispute resolution process.
What Triggers a Dispute?
- Settlement result inconsistent with authoritative sources
- Ambiguous event outcome with multiple valid interpretations
- Conflicting primary information sources
Dispute Resolution Process
- Anyone can contest a settlement within 48 hours via the UMA oracle by staking UMA tokens
- UMA token holders vote during a 48 to 96 hour voting period
- The vote result is binding and the smart contract executes automatically based on the final vote
- The party raising an invalid dispute loses their staked tokens
How Can Users Participate?
Regular users do not need to interact directly with the UMA protocol. If you have questions about a settlement result, submit feedback via platform support. We will investigate internally and decide whether to initiate a formal dispute.
Finality of Dispute Outcomes
UMA vote results are final. The platform does not accept further appeals of dispute outcomes.
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