$PUMP MCAP: Pump to $4B or Dump to $2B?
Rules
Market Details:
- Market Close: This market will only be closed once a resolution is achieved
- Resolution Deadline: The resolution will be determined as soon as an outcome is reached
- Pump Target: $4.00B
- Dump Target: $2.00B
Resolution Criteria:
- The market resolves based on which condition is met first:
- “$4B” if the PUMP/USD MCAP on GeckoTerminal reaches or exceeds the Pump Target
- “$2B” if the PUMP/USD MCAP on GeckoTerminal drops to equal or below the Dump Target
Resolution details:
The market resolves based on the GeckoTerminal PUMP/USD spot MCAP, using the 1-minute chart with the following specifications:
- 1-minute timeframe ("1m")
- “MCAP” View
- "Close" MCAP of each candle
Only the MCAP of PUMP/USD as quoted by GeckoTerminal (spot market) will be considered
https://www.geckoterminal.com/solana/pools/9SMp4yLKGtW9TnLimfVPkDARsyNSfJw43WMke4r7KoZj
Cancelation (Invalidity) Conditions
This market will be canceled/invalid if:
- The PUMP/USD spot market on GeckoTerminal is suspended or becomes unreliable
- The GeckoTerminal platform is unavailable or experiences significant disruptions
- Any circumstance that prevents reliable price tracking
- Myriad Markets undergoes a change in its contract that demands a cancellation of all active markets, or a similar significant technical change
In the event of cancelation, participants may claim their stakes at the market value of their open positions at the time of cancelation. This could result in a profit or a loss, depending on the price of their outstanding shares.
