UMA provides an optimistic oracle that Prediction markets rely on for resolution.
I dislike UMA’s system for a variety of reasons that all circulate around it being an easy attack vector.
The process for a market on Polymarket to be initialized and resolved is the following:
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Decide the market structure (binary, categorical, continuous) and the potential outcomes.
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Determine the rules (I.E., what is the prediction market based on?)
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Configure a resolution source (e.g., political markets might use a government source, economic markets might use a Federal Reserve, etc.).
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The market is proposed through a resolution address.
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Once the market is believed to be resolved, someone can propose a r
