Trade: Taiwanese Premier Cho Jung-tai out by...?
Resolution criteria on PolyGram: This market will resolve to “Yes” if Cho Jung-tai ceases to be Premier of Taiwan for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Cho Jung-tai's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
- Liquidity
- $19K
- Total Volume
- $124K
- 24h Volume
- —
- Open Interest
- $4K
Market outcomes
| June 30 | 5% YES | 95% NO |
| December 31 | 18% YES | 83% NO |
Market context
Cho Jung-tai assumed office as Premier of Taiwan in June 2024 under President Lai Ching-te's administration. The market assesses the probability that Cho will leave the premiership—through resignation, removal, or incapacity—before the end of 2026. The current order book on Polymarket implies a 5% chance of this outcome, reflecting relatively stable political conditions and no immediate signals of imminent departure.
Taiwan's premiership has historically experienced turnover driven by electoral cycles, policy disputes, and factional pressures within the ruling Democratic Progressive Party. Chen Chien-jen served as Premier from 2021 to 2024 before Cho's appointment, whilst Su Tseng-chang held the role from 2019 to 2021. Premierships typically last two to three years, though early exits have occurred when administrations faced legislative gridlock or internal party conflicts. The 5% probability reflects the baseline expectation that Cho will complete a standard tenure through 2026, absent major political shocks.
Traders should monitor Taiwan's legislative dynamics, particularly interactions between the DPP-led executive and the opposition-controlled Legislative Yuan, where the Chinese Nationalist Party holds a majority. Policy disputes over budgets, judicial appointments, or cross-strait matters could trigger pressure for Cho's removal. Additionally, factional shifts within the DPP or changes in President Lai's political standing could alter succession calculations. Any announcement of Cho's resignation or removal before the settlement date immediately resolves the market to Yes, regardless of the effective date.
Wikipedia Context
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Premier of the Republic of ChinaThe premier of the Republic of China, officially the president of the Executive Yuan, is the head of government of Taiwan and leader of the Executive Yuan. The premier is nominally the principal advisor to the president and positioned as the head of central government, appointed by the president without approval by the Legislative Yuan. The current president
How this market resolves
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
How to trade this market step by step
The mechanics for trading "Taiwanese Premier Cho Jung-tai out by...?" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
- Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
- Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
- Pick a side. Buy YES if you believe the event will happen; buy NO if you think it won't. The current YES price reflects the market's collective probability.
- Size your position. If you stake 100 USDC at 50% YES, you'll receive shares that pay $200 if YES resolves true — a 100% gross return. If NO resolves, your shares are worth $0.
- Set risk controls (optional). Stop-loss, take-profit, and limit-order types all supported. Use the trade ticket's slippage box to cap your maximum entry price.
- Wait for resolution. When the event resolves on-chain via the UMA optimistic oracle, the winning side settles to 100¢ automatically and USDC hits your balance within seconds. Withdrawable to any wallet you control.
How active is this market?
$124K in lifetime turnover and $19K of resting liquidity puts this market in the top 30% by volume for china contracts on PolyGram. Order-book depth is modest — expect a couple of cents of slippage on $1k+ trades.
The market has been open for 4 months — the price has had time to stabilise as new information arrived.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
Key terms
- YES / NO share
- A binary outcome token that pays $1.00 if the underlying claim resolves true (YES) or false (NO), and $0 otherwise. The market price between 0¢ and 100¢ is the implied probability.
- CLOB
- Central limit order book. The matching engine that pairs YES buyers with NO buyers (effectively the same trade). Polymarket's CLOB on Polygon executes trades on-chain via the conditional-tokens framework.
- Liquidity
- USDC capital sitting in resting limit orders inside the order book. Deeper liquidity means smaller slippage on large trades and a tighter bid-ask spread.
- UMA optimistic oracle
- The on-chain dispute system that settles each Polymarket market. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution.
- Slippage
- The difference between the displayed mid-price and your fill price. Affects market orders most; limit orders avoid slippage but may take time to fill.
- Conditional token
- ERC-1155 outcome share issued by Gnosis Conditional Tokens on Polygon. The token type that resolves to $1.00 or $0.00 at settlement.
Frequently asked questions
How does this market resolve?
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
When does this market close?
This prediction market is scheduled to close on 31 December 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
How can I trade on "Taiwanese Premier Cho Jung-tai out by...?"?
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
What happens when the market resolves?
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Risk and regulatory note
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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