3 hours ago
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The platform’s treasury-backed rewards aim to encourage long-term participation and ensure pricing accuracy during major political events.
Key Takeaways
- Polymarket will introduce a 4% annualized Holding Reward for election prediction market positions.
- A new resolution and rewards system with a 1-click migration feature will launch in 2025.
Polymarket, a prominent prediction market platform, plans to implement a new reward and oracle-resolution system later this year, according to a recent update from the 2028 Election Holding Rewards program.
The upcoming system is designed to improve long-term pricing accuracy, reduce disputes over ambiguous market outcomes, and simplify user participation. Once the new infrastructure is live, users will be able to migrate with a single click to the updated framework.
Polymarket, which is finalizing a $200 million funding round led by Founders Fund at a potential $1 billion valuation, is currently offering a 4% annualized Holding Reward for eligible positions in select election markets.
Funded by the Polymarket Treasury, this temporary program aims to incentivize user participation and bridge the platform to its upcoming upgrade. Rewards are distributed daily and calculated using hourly random samples of users’ position values, based on the number of “Yes” and “No” shares held and their latest mid-prices.
The forthcoming resolution system is expected to replace Polymarket’s reliance on external oracles like UMA, which recently came under scrutiny following a $210 million market controversy surrounding whether Ukrainian President Volodymyr Zelensky wore a suit before July.
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