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Will US student loan payments resume by May 2, 2022?

Will US student loan payments resume by May 2, 2022?

RESOLVESMay 2, 2022 · 12:00 AM UTC
SOURCEstudentaid.gov

Current odds

Live · updates every 20s

Price history

80¢65¢50¢35¢20¢00:0006:0012:0018:00NOWYESNO
OPEN 24H
0.01
Yes
HIGH 24H
0.02
at 11:42 ET
LOW 24H
0.01
at 02:18 ET
CHANGE
+0.04
+7.0% on Yes

Market stats

Polymarket · CLOB
24H VOLUME
$0
Past 24 hours
TOTAL VOLUME
$27k
Since creation
LIQUIDITY
$282
Available to trade

Recent trades

Last 10 fills · live
TIMESIDEPRICESIZEVALUETRADER

Resolution rules

From Polymarket
https://studentaid.gov/announcements-events/covid-19/payment-pause-zero-interest
ORACLEUMA Optimistic
DISPUTE PERIOD2 hours

About this market

Context

This market asks whether repayment of federal student loans in the United States of America will resume by May 2, 2022. If federal student loan repayments resume in the US for all federal student loans at any time between March 22, 2022, and May 2, 2022, 11:59:59 PM ET, this market will resolve to "Yes". Otherwise, this market will resolve to "No". For the purpose of this market's resolution, "federal student loan repayments resuming" means any one or all of these conditions being issued by the federal government of the United States of America regarding student loans: 1) Loan repayments will be resumed 2) The interest rate will be above 0% 3) Collections on default loans will be resumed The primary resolution source for this market will be https://studentaid.gov/announcements-events/covid-19/payment-pause-zero-interest, however other official information from the government of the United States of America and credible reporting will be considered.

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://studentaid.gov/announcements-events/covid-19/payment-pause-zero-interest
When does this market close?+
Trading closes at May 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 (0%), No (100%). 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.