A share pays 1 GNOT if it's right
Everything else on 67 follows from that sentence: what a price means, why every market holds collateral, and when you get paid.
The question
Every question is copied word for word from a Polymarket market, rules included. When it is listed, the realm stores the question, the rules, their hash, the Polymarket condition and both outcome tokens. None of it can be edited later.
Copying the words is not a link to Polymarket's money: there is no shared order book and no shared liquidity.
The price
Prices are 67's own fixed quotes. The operator follows Polymarket's midpoint for the Yes token and publishes a new quote when it moves. Each quote is numbered and kept in the market's history.
Yes and No always add up to 1 GNOT, so a Yes price of 0.42 is also a 42% quote. It is a price, not a forecast.
shares = floor(spend × 1,000,000 ÷ price)
cost = ceil(shares × price ÷ 1,000,000)
The review
A purchase carries the price the buyer reviewed and pays the exact cost. If the quote moved in the meantime, the realm refuses and only the network fee is spent.
The collateral
Each market holds its own collateral: reserve funding first, then the cost of every purchase. The realm refuses any purchase after which the larger side could not be paid in full.
Only winning claims take collateral out. There is no withdrawal function, not even for the administrator.
max(Yes shares, No shares) ≤ collateral (all in ugnot)
The result
Each market names its oracle when it is listed. Only that address can finalize it, once, and only by repeating the market's full source binding with a hash of the evidence. Trading stops in the same transaction.
A Polymarket price near 100% is not a result. Until the oracle finalizes, nothing pays.
The claim
When a market is final, each winning share pays 1 GNOT from that market's collateral, straight to your address. A losing position closes with zero, and a second claim is refused.
Where to trade
In the app, where the Adena wallet signs each purchase after you review it. Or directly with gnokey: ask the realm for the exact cost with Quote(id, outcome, microShares), then call Buy with that amount.
There is no selling yet: a position is held until its market is final.
