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Will the City of Ottawa cease its state of emergency by March 2, 2022?

Will the City of Ottawa cease its state of emergency by March 2, 2022?

RESOLVESMar 2, 2022 · 12:00 AM UTC
SOURCEottawa.ca

Current odds

Live · updates every 20s

Price history

80¢65¢50¢35¢20¢00:0006:0012:0018:00NOW100¢YESNO
OPEN 24H
0.96
Yes
HIGH 24H
0.99
at 11:42 ET
LOW 24H
0.93
at 02:18 ET
CHANGE
+0.04
+7.0% on Yes

Market stats

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Past 24 hours
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Since creation
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Resolution rules

From Polymarket
https://ottawa.ca/en/news
ORACLEUMA Optimistic
DISPUTE PERIOD2 hours

About this market

Context

This is a market on whether the City of Ottawa, Canada will cease to be under a state of emergency by March 2, 2022. If the City of Ottawa is no longer under a state of emergency between February 22, 2022, 12:00:00 AM ET, and March 2, 2022, 11:59:59 PM ET, this market will resolve to “Yes”. Otherwise this market will resolve to “No”. If the City of Ottawa announces within the market timeframe it will lift the state of emergency after the market's resolution date, it is not sufficient to resolve this market to "Yes". This market only pertains to the City of Ottawa State of Emergency. National and provincial states of emergency will not be considered for the resolution of this market. If the City of Ottawa ceases to be under a state of emergency within the market timeframe, the market will resolve to "Yes", even if another state of emergency is enacted afterwards. The primary resolution source for this market will be official announcements from The City of Ottawa via their verified internet media pages (https://ottawa.ca/en/news, https://twitter.com/ottawacity, etc.), however credible media sources will also suffice.

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.

FAQ

Resolution & trading
How is this market resolved?+
https://ottawa.ca/en/news
When does this market close?+
Trading closes at Mar 2, 2022 · 12:00 AM UTC. After close, the UMA oracle proposes a resolution and a 2-hour dispute window opens before final settlement.
What are the possible outcomes?+
The possible outcomes are: Yes (100%), No (0%). Each contract pays out $1 if correct, $0 otherwise.
What happens if the resolution source is unavailable?+
If the primary resolution source is unavailable, the market may be delayed or resolved by UMA oracle vote using credible alternative sources. Polymarket's optimistic oracle has final authority on disputed resolutions.
How do I trade on Polymarket?+
You need a Polymarket account (sign up with email or crypto wallet). Connect a Polygon-compatible wallet, fund it with USDC, and you can buy or sell shares of any outcome at the current market price. All settlements are in USDC.