Help & How-To

What is WePredict?

WePredict is a prediction market platform where you stake Mu (μ) — an attention currency — on real-world outcomes and compete for rank and prestige on leaderboards.

How Markets Work

Every market is a binary Yes/No question about a real-world event — for example: "Will the temperature in Mumbai exceed 40°C this week?"

You take a position on one side before the market closes. When the event resolves, winners are paid out; losers receive nothing.

What happens after a market closes?

When a market hits its end date, trading stops automatically — no new buys or sells, no new bets. The market itself stays Open in our system until a curator either resolves it or voids it. Markets are never auto-closed; a human looks at every one.

Resolution. The curator picks the outcome (YES or NO) based on the resolution criterion stated when the market was created. Winners are paid out; losers receive nothing.

Void. If the underlying event didn't happen as described, the resolution criterion turned out to be ambiguous, or there's evidence of manipulation, the market is voided instead. Everyone gets their stake refunded — losers AND winners alike. Voids can happen anytime the market is Open: right after launch, mid-trading, or after the end date.

Who can void a market?

Three roles can request a void, with safeguards on each:

• Platform admins — always, on any open market.
• The market’s creator — if they don’t have a position in their own market. Limit: 3 voids per 24 hours.
• A circle admin — if the market is in their circle, AND they don’t have a position in it. Same 3-per-day limit.

Voids on creator-funded LMSR markets (where the creator put up the liquidity) require a platform admin no matter what — the creator IS the market-maker, so the no-position rule doesn't apply cleanly there. This is documented in our internal design notes.

What about circle copies of public markets?

If a public market was copied into one or more circles with follow-source enabled, voiding the public market automatically voids those circle copies too — with full refunds processed in each circle. The circle admins don't need to do anything.

Independent copies (where follow-source was unchecked) are unaffected by the public market's void; the circle admin decides on those separately.

Mu (μ) — The Attention Currency

Mu is WePredict's internal currency. You use it to trade contracts and place bets.

How μ moves:

• Spent when you buy contracts or place bets.
• Returned (with profit or at a loss) when you sell contracts or markets resolve.
• Fully refunded if a market is voided.