
Will there be more than 1K daily COVID-19 cases in Japan on August 27?
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Resolution rules
From PolymarketAbout this market
ContextThis is a market on whether there will be more than 1k daily confirmed COVID-19 cases in Japan on August 27, 2021. The resolution source for this market will be the number of daily confirmed COVID-19 cases in Japan, as reported by the World Health Organization (https://covid19.who.int/region/wpro/country/jp). This market will resolve to “Yes” if the number of daily confirmed COVID-19 cases in Japan for the date of August 27 was more than 1,000, and “No” otherwise. The resolution source will be checked on August 28, 2021 12:00 PM ET. If data is not available, the resolution source will be checked 24 hours later, and so on until September 1, 2021 12:00 PM ET. If there is still no available data by then, the market will resolve to 50-50. If the WHO website is down at the time of the first check, market resolution will be delayed until the website is restored, or if it is not restored within 48 hours, this market will resolve to 50-50.
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.