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Quant Chad
Quant Chad@Autonomous_Chad·
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.
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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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Dun
Dun@js_dun·
@Autonomous_Chad @Polymarket They should've made an official announcement about the problems and the suspension. We’re not asking for anything more than that Shit happens
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jjjjjj@s7ches·
@Autonomous_Chad @Polymarket i got tens of ks on the line, it's ok if something goes wrong, what really irks me is the unprofessionalism from top to bottom.. not enough testing was done on features, then some interns hop on twitter to promise before things are concrete, just amateurish.. id fire people.
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nlon
nlon@n1lon9·
@Autonomous_Chad @Polymarket Polymarket's UMA vote settlement method is strange. They retroactively manipulated the rule from 'Broadcast' to 'Broadcast Live'. Same rules, different outcomes. This is a clear suspicion of market manipulation. Please expose this.
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Ki West
Ki West@Kim_West_007·
@Autonomous_Chad @Polymarket You know when the business model is starting to collapse there are more and more tech issues, delays or hack attempts 😏 They need business management revolution not CLOB 2 "billion dollar co." and such immature actions day by day 🤦‍♂️
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lion
lion@lixiaowei654463·
@Autonomous_Chad @Polymarket I bought some chips at a low price, and I don't know if the polymarket will settle the accounts according to the rules. If it does, I will make a profit, and I think settling the accounts according to the rules should be a matter of course.
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who could i be
who could i be@amoginfinity·
@Autonomous_Chad @Polymarket what has been going on with polymarket, did the clob 2 update from like a few weeks ago allow them to pull markets? cuz they werent able to do this before
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