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When the event in a market’s rules has happened, the market is resolved: its outcome is written on chain and winning shares become redeemable for chUSD. The CHOK team proposes every outcome. Each proposal goes through a review window before it becomes final. Users don’t propose or dispute outcomes; if you think one is wrong, you report it.

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The resolution flow

1

Trading closes

At the time in the market’s rules, the market stops taking new orders.
2

CHOK proposes the outcome

The CHOK team checks the source named in the rules and proposes the outcome. The market page shows the Outcome, a Rationale, and when the review ends.
3

Review window

The proposal stays open for review. The current review window is 1 hour. If you think the outcome is wrong, use Report an error on the market page or email tech@chok.market.
4

Final

If the proposal isn’t corrected during the review window, the market resolves automatically. Winning shares can now be redeemed.

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Corrections

If a proposed outcome is wrong, CHOK disputes its own proposal during the review window. The question resets and the corrected outcome is proposed again. If a question is disputed a second time, CHOK’s 3-of-7 multisig (Safe) makes the final decision. The multisig can also resolve a market directly. This uses the adapter’s own manual path: the question is flagged first, and the outcome can be set only after a 1-hour safety period.

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Possible outcomes

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Voided markets

If a market can’t be resolved fairly, for example because the event was cancelled, CHOK can void it instead.
  • The market isn’t resolved, and trading stops.
  • Every holder is refunded in chUSD: remaining shares × their average cost.
  • The market shows Voided · cost refunded.

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Multi-outcome events

Each candidate in a multi-outcome event is its own market and resolves separately. The winner resolves Yes and every other candidate resolves No.

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After resolution

Redeem your winning shares in Portfolio, or let Auto-redeem wins do it for you. See Manage Positions.