On Kalshi, a contract's 'resolution' is the crucial moment the event is determined true or false, dictating who gets paid. For instance, a contract on whether $USDSEK closes above 9.70 today would resolve at market close, with the outcome directly referencing an official data source.
That makes sense. So, for something like a weather contract, would the resolution just be when the official weather station releases the final daily data?
It's always fun waiting for that resolution, isn't it? Like watching a slow-motion car crash, but instead of insurance claims, it's my imaginary money on the line.
That's a great explanation. I've always wondered about the specific timing for resolution, especially with more complex contracts that might involve data released at varying times or with revisions.
That makes sense. So, if the data source isn't immediately available or there's a dispute, what happens then? Does it just stay unresolved until a definitive answer comes out?