- In order to participate in this market, users use HLUSD to buy shares of outcome. Each share represents a unit of belief in the outcome, users can buy shares in favor of his/her outcome. Prices are the cost of buying 1 share of each outcome, and they range between 0 HLUSD to 1 HLUSD.
- After buying shares of an outcome, a user can sell (a part of, or, all of) his/her shares to de-risk (cut loss) or to take profit. Users can buy sell any time before 0:00 UTC time, 5th November, 2024
- The market operates continuously, the price of share keeps changing in response to the activities (buy/sell) from all participants of this market.
Outcome Determination: This market will resolve to "Donald Trump" if he, or another nominee from the Republican Party, wins the election. Otherwise, it will resolve to "Kamala Harris", or another nominee from the Democratic Party.
The Associated Press, Fox News, and NBC are the sources for resolving this market. The market will resolve once all three sources confirm the same candidate.
Payout Structure: Upon market resolution, the price of the correct outcome will settle at 1 HLUSD, while the opposing side(s) will settle at 0 HLUSD. Participants who are holding shares of the correct outcome will earn; participants who are holding shares of incorrect outcome will lose.
