Polymarket's contract design is quite detailed, with resignations, dismissals, and end of term all separated for settlement. Betting 20% from June 6-12, what signals is the market betting on?

View Original
MeNews
Polymarket introduces a new market: “When will Powell step down as the Federal Reserve Chair?” The probability is currently temporarily reported at 20% from June 6 to 12.
The newly launched "When Will Powell Resign as Federal Reserve Chair" contract on Polymarket shows the highest probability between June 6–12, at 20%, and 18% for May 30–June 5. Settlement is based on the specified date range, and resignation requires Powell to actually no longer serve as chair; mere resignation, dismissal, or end of term does not count. Settlement only occurs during Powell’s tenure as chair, with the time zone in Eastern Time. Odaily Seer continues to monitor the prediction market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned