基本概念
確定と決済
確定とは現実世界のアウトカムが払い出しになる瞬間です。このページではSatoriExがどのアウトカムを勝利とするか、そして異議申し立ての仕組みを説明します。
確定基準
全マーケットには何が真実とみなされるかの明示的な事前公開基準があります。基準はマーケット提案時に記述され、アクティブ化後は変更されません。
- 真実の情報源 — アウトカムを決定するために使用される特定の情報源または証拠。
- エッジケース — 延期、引き分け、キャンセル、または曖昧な報告の処理方法。
- 確定時刻 — 基準が評価される瞬間。
段階（順番に）
- 1
取引
マーケットがオープン状態。注文が通常通りマッチングされます。
- 2
停止
確定に向けて取引が一時停止します。新規注文は拒否され、既存の待機注文は凍結されます。
- 3
提案
スーパー管理者が裏付け証拠とともに勝利アウトカムを提案します。
- 4
承認
2人目のスーパー管理者が確定を審査・承認します。2人による承認が必要です。
- 5
異議申し立て期間
ユーザーは2時間以内に異議を申し立てられます。申し立て中の異議は審査が完了するまで決済をブロックします。
- 6
決済
勝利シェアはそれぞれ1USDCを支払います。敗北シェアは償却されます。マーケットが閉じます。
Challenge period
After a super-admin proposes a winning outcome and a second super-admin confirms it, the market enters a 2-hour challenge period before settlement runs. Any verified user can dispute the proposed outcome during this window. The challenge period is the platform's safety net against incorrect resolution — settlement is paused while it is open and while any dispute is unresolved.
| 項目 | 値 |
|---|---|
| 異議申し立て期間 | 2h |
| 申し立てに必要な証拠金 | 10 USDC |
| 認められた場合の報酬 | +5 USDC |
| 却下された場合 | 証拠金没収 |
How challenges work
Three outcomes are possible during or at the end of the 2-hour challenge period:
1. No dispute filed → fastest path
When the 2-hour window closes with no disputes filed, settlement runs automatically. Winning shares are credited 1.00 USDC each to user balances in a single atomic ledger transaction; losing shares are written off. Total time from resolution to payout: ~2 hours.
2. Dispute filed → moderator review
Any verified user can dispute the proposed outcome by posting a $10 USDC bond from their SatoriEx balance. The market remains in the PendingResolution status while the dispute is evaluated — settlement is paused but the market status does not change to a separate state. Multiple disputes on the same market can be filed in parallel; all must be resolved before settlement runs.
3. Dispute upheld → re-proposal, window restarts
If the dispute is upheld (i.e., the original resolution was wrong), the market returns to active (trading) status and the full propose-and-confirm cycle must restart on a new proposed outcome. A fresh 2-hour challenge period opens only after the new resolution is confirmed. The disputing user gets their $10 bond back plus a $5 USDC reward.
Dispute rejected → settlement proceeds
If the dispute is rejected (the original resolution was correct), the disputer's $10 bond is forfeited to the dispute reserve pool. Settlement then runs normally on the original proposed outcome once the window closes.
Who can dispute, what's needed
Disputing is permissionless among verified users, with two requirements:
- Active SatoriEx account at KYC Tier 1 or higher.
- $10.00 USDC available in your platform balance (no other restriction — you do not need to have traded on the market).
- The dispute must be filed within the 2-hour challenge period. After it closes (without disputes), the market settles and disputes are no longer accepted.
How the challenge window works
Live as of 2026-05-14The 2-hour challenge window and two-tier escalation model shipped on 2026-05-14. Every new resolution follows this flow. The 24-hour single-tier model described in the table above is retired.
1. 2-hour challenge window
Once a super-admin proposes the winning outcome and a second super-admin confirms, anyone can dispute for the next 2 hours. Most resolutions are uncontested; the shorter window means faster settlement when nobody disputes — total time from resolution to payout drops from ~24h to ~2h.
2. 1 dispute → moderator re-review
If a single dispute is filed during the 2-hour window, a moderator reviews the new evidence. If upheld, the market returns to active (trading) status and a full re-propose-and-confirm cycle is required; a fresh 2-hour challenge period opens on the new confirmed resolution. If rejected, the original proposal proceeds to settlement. The disputer's bond is returned + $5 reward if upheld; forfeited if rejected.
3. 2+ disputes → voter panel escalation
When two or more distinct disputes are filed on the same market within the 2-hour window, the case escalates to a voter panel. If the panel rules with the disputers (or the SLA expires without quorum, auto-uphold applies), the market re-proposes with a fresh window. If the panel rules with the original proposal, all dispute bonds are forfeited to the reserve pool.
This model is live
All resolutions created on or after 2026-05-14 use the 2-hour window + escalation tier described above. The legacy 24-hour single-tier model has been retired. Resolutions that were in-progress before the cutover completed under the old model.
払い出しの仕組み
決済時、残高がマーケットのエスクローからユーザー残高へ単一の複式帳簿取引で移動します。ポートフォリオでクレジットが即座に確認できます。
異議申し立て中は決済がブロックされます