Appearance
Starmark employs an optimistic oracle combined with a dispute resolution mechanism. The process is as follows:
- Proposal Phase
• After the event concludes, anyone can submit a resolution proposal.
• The proposer selects the winning outcome and submits it to the UMA Optimistic Oracle.
- Challenge Period
• A 2-hour challenge window begins after the proposal is submitted.
• Anyone may dispute the proposal by posting an equal bond.
• If no dispute is raised: The proposal is automatically accepted, the market is resolved immediately, and the proposer recovers their bond plus a reward.
- Dispute Escalation
• First dispute: The system automatically resets and initiates a new proposal round.
• Second dispute: Enters a 24–48 hour debate period, during which participants may submit evidence via the official Discord/forum.
• Final resolution is determined by a UMA DVM token-holder vote (approximately 48 hours).