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核心概念

裁決與清算

裁決是現實世界結果轉化為支付的時刻。本頁介紹 SatoriEx 如何判定哪個結果勝出以及異議如何運作。

裁決標準

每個市場都有明確的預先公布標準來界定什麼算作事實。標準在市場提案時撰寫,啟動後不得更改。

  • 真相來源——用於判定結果的特定來源或證據。
  • 邊緣情況——如何處理延期、平局、取消或模糊報告。
  • 裁決時間——標準的評估時刻。

依序的階段

LIFECYCLEADJUDICATIONSTAGE交易中STAGE暫停STAGE已提案WINDOW已批准STAGE清算FINALMarket closedSTAGEReview升級投票小組no dispute fileddispute filedrejected爭議成立 — 返回活躍(交易)狀態小組裁決≥2 票支持爭議≥2 票駁回爭議
任何爭議未決時清算均被阻止。成立的爭議使市場返回 Trading;被駁回的爭議則釋放市場進入清算。
  1. 1

    交易中

    市場開放;委託正常撮合。

  2. 2

    暫停

    交易在裁決前暫停。新委託被拒絕;現有靜止委託被凍結。

  3. 3

    已提案

    超級管理員提案獲勝結果並附上佐證。

  4. 4

    已批准

    第二位超級管理員審核並批准裁決。需要兩人批准。

  5. 5

    爭議視窗

    使用者有 2 小時提出異議。未決異議將阻止清算直至審核完畢。

  6. 6

    清算

    獲勝份額每份支付 1 USDC。落敗份額歸零。市場關閉。

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.

項目數值
爭議視窗2h
提案保證金10 USDC
成立獎勵+5 USDC
若被駁回保證金沒收

How challenges work

Three outcomes are possible during or at the end of the 2-hour challenge period:

  1. 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. 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. 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.

  4. 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 2026-05-14

The 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. 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. 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. 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.

支付機制

清算時,餘額透過單一複式記帳交易從市場托管帳戶轉移至使用者餘額。您可以立即在投資組合中看到入帳。

有未決異議時清算將被阻止

若對某裁決有任何未決異議,該市場的清算將暫停,直至異議被裁定。整合時請考慮這 2 小時視窗。