Now that the DOJ investigation is over, seems like a really good time for Polymarket to TGE as a token named REP and replace UMA with a new oracle solution:
Upon expiry of any market the following would commence.
1. Report: A reporter stakes REP on an outcome.
2. Dispute: Any REP holder can challenge by staking a larger bond on a different outcome (each bond ≥ 2× the last).
3. Finalize or Fork: If no one challenges in time, the highest bond wins and losing stakes are forfeited; but if a single bond hits 2.5% of all REP, the market forks.
4. Fork: REP splits into one token per outcome universe; holders migrate to the “true” branch—only that branch’s REP retains value.
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