How do prediction markets like Polymarket work?
Each outcome share pays $1 in USDC if right and $0 if wrong, so its price reads as a probability. Polymarket mints shares in collateralized YES/NO pairs, matches orders off-chain, settles on Polygon, and resolves via UMA's oracle.
#markets#oracles#smart-contracts
Deepak Tewatia · 6 min

