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核心概念

裁决与结算

裁决是现实世界结果转化为支付的时刻。本页介绍 SatoriEx 如何决定哪个结果胜出以及争议机制。

裁决标准

每个市场都有明确的预发布标准来定义真相。标准在市场提案时写定,激活后不再更改。

  • 真相来源——用于判定结果的具体来源或证据。
  • 边界情况——如何处理延期、平局、取消或模糊报告。
  • 裁决时间——评估标准的时刻。

各阶段顺序

LIFECYCLEADJUDICATIONSTAGE交易STAGE暂停STAGE已提案WINDOW已批准STAGE结算FINALMarket closedSTAGEReview升级投票小组no dispute fileddispute filedrejected争议成立 — 返回活跃(交易)状态小组裁决≥2 票支持争议≥2 票驳回争议
任何争议开放时结算被阻止。成立的争议使市场返回 Trading 阶段;被驳回的争议使市场进入结算阶段。
  1. 1

    交易

    市场开放,订单正常撮合。

  2. 2

    暂停

    裁决前交易暂停。新订单被拒绝,现有挂单冻结。

  3. 3

    已提案

    超级管理员提出胜出结果并附上支持证据。

  4. 4

    已批准

    第二位超级管理员审核并批准裁决。需要双人审批。

  5. 5

    争议窗口期

    用户有 2 小时提出争议。未解决的争议将阻止结算直至审核完毕。

  6. 6

    结算

    胜出份额每份支付 1 USDC,落败份额注销,市场关闭。

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.

项目数值
争议窗口期2h
提交保证金10 USDC
争议成立奖励+5 USDC
争议被驳回保证金没收

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.

收益机制

结算时,余额通过单笔复式记账交易从市场托管转入用户账户。您可在投资组合中立即看到入账。

争议期间结算暂停

若某裁决存在未解决的争议,该市场的结算将暂停至争议决定后。集成时请考虑 2 小时窗口期的影响。