Polymarket UFO File Bet Surges Amid Dispute Over Trump Declassification Odds

A prediction market on Polymarket saw odds of Trump declassifying UFO files jump from 5% to 91% after heavy 'yes' buying, triggering an ongoing UMA Protocol vote.

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Terms & Concepts
  • Prediction Market: A platform where participants trade contracts tied to the outcome of future events, reflecting crowd-sourced probabilities.
  • UMA Protocol: An Ethereum-based platform enabling decentralized financial contracts, including dispute resolution for prediction markets.
  • Polymarket: A blockchain-based prediction market allowing users to bet on real-world event outcomes using cryptocurrency.