Approval & Activation

PROPOSED to ACTIVE

New markets are created in PROPOSED state. Trading opens only after the market is approved and activated by the system.

Creator bet behavior

Minimum creator bet is 420 WBASED. Your creator bet becomes the first trade at activation. If a market is rejected, the creator bet is forfeited. If it is canceled before activation, it is refunded.

Current launch policy charges the normal 2.0% trade fee on that first trade. The fee policy is then frozen for the market at activation, including the creator/platform/staker split and the recipient addresses.

If you want the full routing breakdown, start with Where the 2.0% fee goes and How to claim creator fees.

When trading opens

Once ACTIVE, users can trade until the trading close time. After the close, the market moves into resolution and eventually finalization.