How settlement works in a prediction market

Settlement is the moment a market stops trading and the final outcome is recorded. If the market resolves Yes, Yes positions receive the payout. If it resolves No, No positions receive the payout.

In the NordCast alpha, settlement uses play money. The important product lesson is trust: users need to know when a market closes, what source decides the outcome, and why the final answer was chosen.

What users should expect

• Trading closes when the event deadline passes or the outcome becomes final.
• The final result should cite a public source.
• Winning positions are paid automatically in demo currency.
• Losing positions close at zero value.
• The settlement history should remain visible after the market closes.