Resolution criteria on PolyGram: This market will resolve to “Yes” if Joseph Aoun ceases to be President of Lebanon for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. An announcement of Joseph Aoun'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.
Market outcomes
| Joseph Aoun out as President of Lebanon by December 31? | 6% YES | 94% NO |
Joseph Aoun assumed Lebanon's presidency in October 2024 after a two-year vacancy, following the departure of Michel Aoun. His election represented a significant political settlement among Lebanon's fractious parliamentary blocs, particularly after the country endured severe economic collapse, currency devaluation, and the 2023 conflict with Hezbollah. The current 6% implied probability on Polymarket's order book reflects market assessment that Aoun will remain in post through end-2026, despite Lebanon's institutional fragility and the political pressures that have historically removed presidents from office.
Lebanese presidents have faced removal through constitutional mechanisms, parliamentary votes, and extra-institutional pressure. Michel Aoun's 2022 departure occurred amid economic crisis and political deadlock, whilst earlier presidents including Elias Hrawi (1989–1998) navigated civil war conditions. The relatively low probability suggests traders view Aoun's recent election as providing near-term stability, though Lebanon's track record of political volatility and the ongoing economic emergency create non-negligible removal risk over a two-year horizon.
Catalysts to monitor include parliamentary confidence votes, escalation of regional security tensions affecting Lebanon's stability, and developments in the country's IMF negotiations and banking sector reforms. Aoun's ability to navigate Hezbollah's political position following the 2024 conflict ceasefire, alongside progress on fiscal restructuring, will substantially influence his tenure. Any announcement of formal resignation or removal proceedings would trigger immediate market resolution to Yes, regardless of implementation timing.
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.
The mechanics for trading "Joseph Aoun out as President of Lebanon by December 31?" 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.
$7K in lifetime turnover and $13K of resting liquidity puts this market in the below the median by volume for geopolitics contracts on PolyGram. Order-book depth is modest — expect a couple of cents of slippage on $1k+ trades.
The market has been open for around a month — fresh enough that information asymmetry remains a real factor.
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.
As of today, traders on Polymarket price this outcome at 6%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
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.
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.
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.
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.
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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