The polymarket turns to chainlink to clean up how it solves bets.
The world’s largest prediction market platform will use the on-chain data provider to automatically run asset price-related markets, cut down on delays and manipulate risks, announced the two companies on Friday.
The integration is live on polygon and will initially focus on crypto -active prices, while companies are exploring potential uses to more subjective markets. This means that markets based on asset prices will solve based on data directly fed from Chainlink’s decentralized Oracle Network.
The polyming field is currently dependent on the optimistic Oracle System UMA to determine the results of its prediction markets. It has often led to controversy on government attacks made to influence the results of some markets.
Chainlink’s infrastructure combines timely pricing feed, known as data streams, with automated settlement tools. This, the project said in a press release shared with Coindesk, allows a market to run as soon as the clock runs out.
The polyming field says it plans to expand the use of chainlink data in addition to asset prices, although subjective markets remain a challenge.
Some controversial results on the polyming field, it is worth noting, also involved more subjective markets, including decisions based on Ukrainian President Volodymyr Zelensky’s clothing.
