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# Polymarket Shaken by Administration Onslaught, UMA Big Player Involvement Causes Debate
Polymarket, a well-known forecasting marketplace platform, has undergone an administration onslaught on a marketplace regarding a probable agreement involving Trump and Ukraine concerning mineral assets. A last-second involvement by a significant UMA token possessor (a “big player”) is at the center of the matter, efficiently reversing the outcome to their benefit.
According to Wu Blockchain, an expert utilized an enormous 5 million UMA tokens to impact the final consequence of the “Will Ukraine consent to a Trump minerals agreement by April?” wagering collection on Polymarket.
This big player’s delayed rise permitted them to nullify the probable outcome by contributing 25% of “Yes” ballots. This efficiently permitted the big player to control the final consequence through the UMA prophet.
Polymarket employs UMA’s Hopeful Prophet to decide marketplace consequences and authenticate real-world occurrences. The UMA prophet depends on society agreement, with UMA token possessors allegedly acting as “neutral referees” of marketplace outcomes.
Over $7 million poured into this specific wagering collection. As a consequence of the occurrence, numerous Polymarket merchants who wagered “No” are allegedly missing thousands of dollars.
When the final consequences were declared, numerous merchants contended that there was no formal verification of a concluded agreement involving President Trump and the Ukrainian administration.
While Reuters stated that Trump asserted on March 25 that he anticipated a revenue-sharing agreement involving the US and Ukraine would be “signed fairly soon,” merchants countered that this wasn’t adequate to validate the collection’s outcome.
One Polymarket merchant commented in the wagering collection’s section: “This is an absolute farce, Zelensky just declared they are seeking a bigger agreement. Meaning no agreement was in place before, this is a swindle.”
Another merchant grieved: “Whoever has more UMA in the 2028 US presidential election will decide who wins the presidency, Polymarket will become a farce.”
On the social network X, a user with the handle @Web3Marmot recently leveled accusations against the Polymarket prediction market platform, alleging that it misleads its user base. The user asserts that Polymarket’s results are not determined by actual occurrences in the world but instead by “prominent users who gain an initial advantage and subsequently vote in their own interest, irrespective of the true result.”
The user elaborated that even in the absence of an official agreement or announcement, a UMA whale had already cast a “yes” vote. This suggests that the verdict ultimately depends on UMA token proprietors, regardless of the reality of global events.
Web3Marmot emphasized that the regulations explicitly state that “the resolution source for this market will be official data originating from the US and Ukrainian governments.” Nevertheless, there has been no verification of any agreement or verdict from these sources.
Polymarket has addressed the dispute, with a spokesperson recognizing the worries surrounding the betting pool concerning “Will Ukraine consent to a Trump minerals agreement before April?” Toncoin (TON) Value Forecast for March 26th
Tanner, the Polymarket spokesperson, affirmed that they are cognizant of the matter and that the market’s conclusion contradicts the anticipations of their users and the explanations they have provided. Regrettably, they cannot provide reimbursements because it is not regarded as a market defect.
The Polymarket group deems this circumstance to be “unparalleled” and asserts that they are collaborating TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America the UMA oracle group to avert similar occurrences in the future. They have also vowed to impart further specifics to traders as they endeavor to comprehend the circumstance more thoroughly and enforce more lucid regulations.
Tanner underscored Polymarket’s dedication to constructing the destiny of prediction markets, which necessitates a robust system that garners universal confidence.
