BAYC Metaverse: Will the floor price of Otherdeed be above 3.5 ETH on May 9?

Otherdeed is the NFT token representing virtual plots of land in Otherside, Bored Ape Yacht Club’s open metaverse RPG that is compatible with other popular NFTs, created by Yuga Labs. Read more about the project at its official website, https://otherside.xyz/. This is a market on whether Otherdeed will maintain a floor price above 3.50 ETH on May 9, 2022 (at 12:00 PM ET), according to https://opensea.io/collection/otherdeed. This market will resolve to "Yes" if, on the aforementioned check time, there are no items from the Otherside collection listed for sale ("Buy now") for 3.50 ETH or lower on the official Otherside collection page on OpenSea. Otherwise, this market will resolve to "No". Only listings that have existed for at least an hour are valid for this market. List time for an NFT can be found under “Trading History” by clicking the “Listing” filter and hovering over the date. Note that the exact price at the check time will be used. If no floor price is available at the check time, the source will be checked every following hour. For valid listings that are declining price auctions, the price exactly at the check time will be used, NOT the price at the initial listing time.

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.

Resolution

Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.