BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Polymarket Integrates Chainlink to Enhance Prediction Market Integrity
Polymarket Integrates Chainlink to Enhance Prediction Market Integrity
4
1
BTCCSquare news:
Polymarket, the leading prediction market platform, has partnered with chainlink to automate settlement for asset-price-related markets. The integration leverages Chainlink's decentralized oracle network to deliver timestamped price feeds and eliminate manual resolution delays. Live on Polygon, the system initially focuses on crypto assets but may expand to subjective markets.
The MOVE addresses longstanding controversies around governance attacks on Polymarket's existing UMA-based resolution system. Chainlink's Data Streams provide tamper-proof price data, enabling instant settlements when markets expire. Polymarket acknowledges subjective markets—like those based on political events—remain challenging despite the technical upgrade.
By:
