How Polymarket works?
Polymarket is a decentralized prediction market built on Polygon blockchain. How it works: Users deposit USDC cryptocurrency onto the platform.
). Users buy shares in outcomes they believe will occur. Share prices reflect the collective probability assessment of the market.
When the event occurs, markets resolve and winners receive $1 per share. Key features: Built on Polygon blockchain for fast, cheap transactions. Uses USDC stablecoin for all value transfers.
All trades recorded publicly on-chain. Markets available globally (except 33 blocked countries). ).
No central authority controls outcomes. 24/7 trading available.