Oracle System

No admin keys. No trusted oracles. Fully permissionless resolution.

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How It Works

1. Market deadline passes

2. Anyone can propose the outcome (YES or NO)

3. 24-hour challenge window opens

4. If no challenge → outcome finalizes

5. If challenged → new 24-hour round begins

6. After 3 rounds or 7 days → market is voided if unresolved

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Why Permissionless?

Traditional prediction markets rely on trusted oracles or admin multisigs. They can:

• Delay payouts

• Resolve incorrectly (intentionally or not)

• Censor markets

Nekomancer's bond-based system makes correct resolution the economically rational choice.

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The Incentive

Proposers and challengers put up bonds:

Role	Bond Amount
Proposer	5 USDC
Challenger	10 USDC

If you propose correctly and no one challenges, you get your bond back.

If you propose incorrectly and someone challenges, they get your bond. The correct outcome wins.

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Resolution Sources

Each market has a defined resolution source:

• Crypto: CoinGecko price at deadline timestamp

• Sports: Official league/federation results

• Politics: Official government announcements

• Pop Culture: Verified news from major outlets

The source is visible on each market page before you trade.

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Edge Cases

What if the event is ambiguous?

Markets with genuinely unclear outcomes get voided. All traders receive refunds proportional to their positions.

What if nobody proposes?

After 7 days with no proposal, the market is voided.

What if challengers keep griefing?

Challenge bonds double each round. Griefing becomes expensive fast.