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Polymarket has integrated Chainlink’s oracle infrastructure to revolutionize how its prediction markets are priced and settled. This upgrade enables near-instant settlement for crypto price forecasts, enhancing speed and reducing manipulation risks. The move addresses past governance criticisms by shifting from community arbitration to cryptographic guarantees.
- Enables near-instant settlement for crypto price prediction markets using cryptographic truth.
- Replaces UMA's optimistic oracle to reduce manipulation risks from large stakeholders.
- Explores expansion to socially resolved markets to lower bias and enhance credibility.
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