
| TIME | SIDE | PRICE | SIZE | VALUE | TRADER |
|---|---|---|---|---|---|
The 2024 Indian general election is scheduled to take place between April and May 2024. This market will resolve to "Yes" if Narendra Modi is the next prime minister of India following the election. Otherwise, this market will resolve to "No". An interim/caretaker prime ministership will not count toward the resolution of this market. If no next prime minister of India is instated by the end of 2024 this market will resolve also resolve to "Yes". The primary resolution source for this market will be official information from the government of India, however a consensus of credible reporting will also suffice.
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.
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.