Market Creation Guidelines
Market outcomes must be binary (resolvable via yes/no answers)
A Market must contain a question and corresponding description which is written in English using precise language
Market descriptions must contain rules specifying the circumstances under which a market is intended to be resolved
Markets must be resolvable with credible resolution sources that are broadly accessible and reliable (eg - publicly available blockchain data, credible weather sources, credible news desks, official sports league websites, etc)
Markets cannot be easily manipulatable (eg - based on trivially inflatable metrics like social media follower count)
Markets must revolve around a clear event or have a specific cut off time (NO indefinitely running markets, eg - “will eth hit all time high one day?”)
Markets cannot contain any obvious ambiguities
If the existence of a market can influence the outcome, a discretionary open interest cap must be implemented to deter this potential. E.g.) A prediction market for an unofficial, friendly tennis match between two amateurs cannot be allowed to grow too large in size, for it may influence the behaviour of the individual participants
In addition to, and in accordance with the previous guideline, markets must adhere to common sense ethics that do not put humans' (or animals') health, well-being, or property in jeopardy
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