News section

99% of voting power in the UMA vote has backed a “Yes” resolution, while critics say the deal is only an interim measure.The dispute follows another controversial Polymarket resolution earlier this month involving Strategy’s bitcoin sales.

Polymarket is facing backlash from traders who bet on “Yes” in a market asking whether Strategy would sell any bitcoin by May 31.The market has resolved to “No” twice, with both outcomes subsequently challenged, and is currently in its final review stage.

A Polymarket market with more than $80 million in volume entered a dispute after Strategy disclosed a 32 Bitcoin sale that occurred before the May 31 deadline.Polymarket proposed a “No” resolution, arguing that confirmation of the sale was not publicly available within the market’s timeframe.The final outcome now rests with UMA tokenholders after users challenged the proposed resolution and questioned how the market’s rules should be applied.

Polymarket traders are divided over whether timing or disclosure should determine outcomes of bets.The pool asked whether Strategy would sell any of its bitcoin before May 31 and had drawn more than $20 million in trading volume.