Resolution criteria on PolyGram: The 2026 Gyeonggi Province gubernatorial election is scheduled to take place on June 3, 2026 to elect the next Governor of Gyeonggi Province. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known by January 31, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
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
| Kim Dong-yeon | 0% YES | 100% NO |
| Choo Mi-ae | 95% YES | 5% NO |
| Han Jun-ho | 0% YES | 100% NO |
| Yoo Seong-min | 1% YES | 99% NO |
| Han Dong-hoon | 0% YES | 100% NO |
| Won Hee-ryong | 0% YES | 100% NO |
| Lee Jun-seok | 0% YES | 100% NO |
| Na Kyung-won | 0% YES | 100% NO |
South Korea will hold provincial elections on 3 June 2026, with Gyeonggi Province—the country's most populous region surrounding Seoul—selecting its next governor. The election occurs within South Korea's five-year gubernatorial term cycle, with the incumbent Lee Jae-myung (Democratic Party) having assumed office in July 2018. Gyeonggi has historically been a competitive battleground between the Democratic Party and the conservative People Power Party, with control shifting between parties across recent cycles. The 0% implied probability on the order book reflects the market's current inability to price meaningful odds on any specific candidate, suggesting limited liquidity or consensus on the field ahead of formal candidacy declarations.
Historical precedent indicates Gyeonggi gubernatorial races tighten substantially once candidates officially register, typically occurring in the months immediately preceding the election. The 2022 provincial elections saw the People Power Party capture the governorship with Lim Hye-jin, though Lee Jae-myung's Democratic Party retained the seat in 2018 with a substantial margin. Traders should monitor party primary schedules, which typically commence in early 2026, alongside any announcements regarding Lee's political future given his ongoing legal proceedings and potential presidential ambitions. Media reporting from outlets including Yonhapnews and the Korea Herald will signal shifting candidate viability as the election approaches.
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 "2026 Gyeonggi Province Gubernatorial Election Winner" are the same as any other PolyGram political 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.
$3.5M in lifetime turnover and $248K of resting liquidity puts this market in the top 2% by volume for politics contracts on PolyGram. Order-book depth is exceptional — among the deepest order books in the category.
Last 24 hours alone saw $13K in turnover, consistent with the market's lifetime daily-average pace.
The market has been open for 6 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.
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 3 June 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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