Polymarket is turning to Chainlink to clean how betting.
The world’s largest prediction market platform will use the chain data provider to automatically resolve markets related to the price of assets, reducing the risks of delays and manipulations, the two companies announced on Friday.
Integration is live in Polygon and will initially focus on cryptographic assets prices, while companies explore possible applications for more subjective markets. That means that markets based on asset prices will be resolved based on data directly fed from the Chainlink decentralized Oracle Network.
Polymarket is currently based on the optimistic UMA UMA system to determine the results of its prediction markets. That has often led to the controversy over the governance attacks carried out to influence the results of some markets.
Chainlink infrastructure combines food price food, known as data flows, with automated liquidation tools. That, said the project in a press release shared with Coindesk, allows a market to settle as soon as the clock is exhausted.
Polymarket says it plans to expand the use of Chainlink data beyond assets prices, although subjective markets remain a challenge.
It is worth noting that some controversial results in Polymket involved more subjective markets, including decisions based on the clothing of Ukrainian President Volodymyr Zelensky.
