DOGE lies break Polymarket prediction market
Polymarket says it’s no longer taking bets on whether Elon Musk’s Department Of Government Efficiency (DOGE) will cut $3 billion worth of DEI contracts by the end of February as its own data tracker is too unreliable. The market asked, “Will DOGE cut $3B of DEI contracts before March?” and had a volume of $16,352. Its outcome was based on data collected by DOGE-tracker, Polymarket’s site launched this month. However, Polymarket canceled the market “because the underlying data used for this market’s resolution source (doge-tracker.com) changed.” It said, “ This market will resolve to 50-50 . All losses will be refunded.” The whole premise of Polymarket was to allow people to bet on predictions with objective resolution criteria. And now we have markets settled based on what’s posted on some random website someone put up. What a time. https://t.co/hrhZmO5N6u pic.twitter.com/Ws9wI3Cxej — Deva Hazarika (@devahaz) February 10, 2025 Read more: Polymarket faces backla...
