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Opec

Will UAE leave the Gulf Cooperation Council by April 30?

Opened · Settles · 3 comments

This market will resolve to "Yes" if the UAE officially announces or formally communicates its decision to withdraw from the Gulf Cooperation Council (GCC) between market creation and the specified date, 11:59 PM Gulf Standard Time. Otherwise, this market will resolve to "No". An official announcement or formal communication refers to a statement by the United Arab Emirates government or an entity officially authorized to make such a decision that clearly indicates its decision to withdraw from the Gulf Cooperation Council, including but not limited to a notice of denunciation or equivalent official statement, regardless of when the withdrawal is set to take effect.

Liquidity
$53K
Total Volume
$43K
24h Volume
$43K
Open Interest
$39K
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Market outcomes

April 30 1% YES100% NO
December 31
December 31

How prediction markets work

A prediction market is a real-money contract that pays $1 per YES share if the stated outcome occurs, and $0 if it does not. The current price is therefore the crowd's probability estimate — set by thousands of traders competing in a live order book, not a bookmaker. PolyGram routes your order into the same Polymarket venue, adds an email-first login and USDC deposits, and settles on Polygon within minutes of the result.

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.

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 settle?

The market is scheduled to close on 31 December 2026. Settlement typically clears within 24 hours after the resolving event, once the UMA optimistic oracle confirms the outcome.

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