Platform Rules

PCMarkets is a decentralised prediction market platform built on the principles of transparency, fairness, and permissionless participation. Our Platform Rules exist to protect the integrity of markets, ensure fair treatment of all participants, and maintain a trustworthy environment.

These rules apply to all users of the PCMarkets platform, including market creators, traders, and observers. By using the platform, you agree to abide by these rules.

Our rules are designed to be minimal — we believe in maximising user freedom while preventing actions that harm other participants or the integrity of the platform as a whole.

The following rules govern all prediction markets on the platform:

• Clarity: All market questions must be clearly worded with no room for multiple interpretations of the outcome.
• Verifiability: Market outcomes must be determinable from publicly verifiable sources. Speculative or unverifiable outcomes are not permitted.
• Objectivity: Markets must not be designed to benefit the creator at the expense of participants through information asymmetry or hidden conflicts of interest.
• Uniqueness: Intentional duplication of active markets to fragment liquidity is prohibited.
• Timeliness: Markets must have a defined resolution date. Markets on outcomes that have already occurred are not permitted.
• Categories: Markets must be correctly categorised. Miscategorisation that affects discoverability is a rules violation.

Markets that do not meet these standards are subject to removal without notice. Creators of removed markets may have their initial liquidity locked pending review.

All traders on PCMarkets must abide by the following trading rules:

• No wash trading: Buying and selling positions in the same market to create artificial volume is prohibited.
• No front-running: Using knowledge of pending transactions to gain an unfair trading advantage is prohibited.
• No smart contract exploitation: Attempting to exploit bugs, vulnerabilities, or unintended behaviours in smart contracts is strictly prohibited and will result in permanent bans and potential legal action.
• No collusion: Coordinating with other users to manipulate market prices or outcomes for mutual benefit at the expense of other participants is prohibited.
• No automated manipulation: Deploying bots or scripts that create artificial market conditions, manipulate prices, or otherwise distort market dynamics is prohibited.

Legitimate algorithmic trading that does not manipulate market conditions is permitted.

Market resolution is one of the most critical aspects of platform integrity. The following rules apply:

• Timely resolution: Creators must resolve markets within 72 hours of the resolution date. Failure to do so may result in PCMarkets resolving the market on their behalf.
• Accurate resolution: Creators must resolve markets accurately based on the stated resolution criteria and evidence from the specified resolution source.
• No self-serving resolution: Creators must not resolve markets in a way that benefits their own trading position. This constitutes fraud and will result in immediate account restrictions.
• Documentation: Creators must be able to provide evidence supporting their resolution decision if challenged.

PCMarkets maintains a Dispute Resolution Council that may review contested resolutions and overturn decisions found to be inaccurate, dishonest, or in bad faith.

PCMarkets is progressively decentralising its governance. The current governance model is:

• Platform parameters (fees, categories, listing criteria) are currently set by the PCMarkets core team
• Dispute resolution is handled by a council of independent reviewers appointed by the team
• Protocol upgrades to smart contracts are subject to a time-lock and team multisig
• In the future, $PC token holders will be able to vote on platform parameters and governance proposals

Community governance proposals can be submitted via our governance forum. The team reviews all proposals and will implement those with sufficient community support where technically feasible.

PCMarkets enforces these rules through a graduated response system based on the severity of the violation:

If you believe an enforcement action was taken against you in error, you may appeal by contacting the PCMarkets team at rules@pcmarkets.io within 14 days of the action.

Your appeal should include:

• Your wallet address
• A description of the enforcement action taken
• Your explanation of why the action was taken in error
• Any relevant evidence supporting your appeal

Appeals are reviewed by a team member not involved in the original enforcement decision. We will respond to all appeals within 7 business days. Appeal decisions are final.