Polymarket partners with Chainlink to improve market resolution accuracy
Polymarket, a Polygon-based prediction market platform, is partnering with Chainlink to enhance the accuracy and efficiency of its market resolutions. The integration aims to improve asset pricing resolution processes and is expected to expand into additional prediction markets. With Chainlink’s decentralized oracle network providing high-quality data and tamper-proof computation, this collaboration is viewed as a significant milestone for Polymarket. Currently, it uses Circle’s USDC stablecoin for betting on various event outcomes. Moreover, the partnership will also explore integrating Chainlink's features into more subjective prediction markets, which typically rely on social voting, aiming to reduce bias and reinforce resolution integrity. This announcement follows recent regulatory approvals for Polymarket in the U.S., reflecting a softening stance on crypto enforcement. The platform plans to continue expanding its market offerings and improve user experiences.
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