
UPDATE on the disappearing Weather markets
Yesterday the Weather markets in the Temperature category disappeared and some trader even lost their open positions.
@polymarket announced that the market were *intentionally* pulled down due to an initial reconfiguration error and that users would be refunded with 10 days.
Today all those archived markets are being quietly resolved to random outcomes.
Since Polymarket contracts settle on chain there is actually no way for them to just delete markets and refund everyone.
All they can do is force resolution through "clarifications" and then refund the losing shares out of pocket
But it means there is also no way for them to avoid paying out the "winning" shares there.
So if you bought some cheap shares on a bracket that Polymarket just happened to resolve to you will get a nice free payout.
OVERALL :
- Big fuckup at the start
- Good handling of it afterward
It's is an improvement on the Ukraine ceasefire fuckup from last week.
If they had treated it the same way the handled this situation and refunded NO holders it would have been a non issue.



Mustafa@mustafap0ly
@0x3577 @Polymarket There was a misconfiguration on a small subset of markets. We have archived all the misconfigured ones and are going to issue refunds for these markets + reenable the redeems in the ui today. Weather markets will go back live again on Tuesday May 19th.
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