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'Lighter Specific Airdrop Date' Generates Controversial Ruling on Polymarket
Summary: In a breaking announcement, Lighter launched its token LIT today and completed an airdrop, with Polymarket showing a 95% probability of 'Lighter Airdrop on December 30th' based on Eastern Time. However, the specific airdrop date for Lighter has entered the UMA dispute resolution period on Polymarket. A user has submitted a dispute on the UMA ...
In a breaking announcement, Lighter launched its token LIT today and completed an airdrop, with Polymarket showing a 95% probability of 'Lighter Airdrop on December 30th' based on Eastern Time. However, the specific airdrop date for Lighter has entered the UMA dispute resolution period on Polymarket. A user has submitted a dispute on the UMA oracle for the outcome 'no' regarding 'Lighter Airdrop on December 29th', believing it should be 'yes'. Calculated in Eastern Time, the Lighter airdrop occurred within an hour around December 29th and 30th, potentially causing the dispute. Note: Polymarket relies on the UMA oracle for event outcome determination. After an event occurs, anyone can report the outcome to UMA. There is a dispute period after the report is submitted, where anyone can dispute if they believe the report is incorrect. If no one disputes, the report outcome will be accepted; if there is a dispute, UMA's dispute resolution mechanism will determine the final result. The dispute resolution involves UMA token holders voting for the correct outcome, with incentives for honest behavior and penalties for malicious behavior.
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Link: 'Lighter Specific Airdrop Date' Generates Controversial Ruling on Polymarket [Copy]
