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How are markets resolved?

IgniteMarket supports multiple resolution methods depending on the available validation sources.

Flare Data Connector (FDC)​

FDC enables trustless, automatic resolution for markets with verifiable data sources (e.g., sports results via APIs).

  • Predefined Rules: Specifies APIs and consensus requirements (e.g., n APIs, k sources must match).
  • Dispute: Users can challenge results by staking funds; if the dispute fails, the staked funds are forfeited.
  • Fallback Voting: If consensus cannot be reached, social voting determines the outcome.
  • Open Participation: Anyone can submit resolution data, increasing decentralization.
  • Failure Case: If resolution still cannot be achieved, users may sell shares back to the liquidity pool until depleted.

AI Resolution — Coming Soon​

For markets without deterministic data sources, multiple AI models attempt to reach consensus. Models analyze public data and vote based on predefined criteria.

  • Dispute: Users can stake funds to challenge results, which may trigger social voting.
  • Fallback Voting: Social voting finalizes results if AI consensus fails.

Social Resolution​

  • Community Voting: Uses whitelisted addresses to vote on outcomes. Trusted community members can earn the privilege to become voters.