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On January 13, Representative Andy Ogles of Tennessee introduced the "Make Greenland Great Again Act," a bill authorizing the President to negotiate the purchase of Greenland from Denmark. The bill has garnered support from 10 co-sponsors as of its introduction (see: https://www.foxnews.com/politics/make-greenland-great-again-trumps-house-gop-allies-unveil-bill-authorize-countrys-purchase). This market will resolve to "Yes" if the "Make Greenland Great Again Act" passes the U.S. House of Representatives by February 28, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The resolution's source will be information from the U.S. House of Representatives.
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.