What is event trading?

<aside> 🎫 Event contracts or trading is a way to trade on the future outcome of events. For example, GST collection in India during September 2022 will be more than 1.5L Crores? It is an event whose outcome will be 'yes' or 'no'. Users can now trade on outcome of the event based on available information. If user prediction is correct they gain otherwise lose.

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How Events are settled in Tenet App?

<aside> 💡 Whenever events are created, a source of truth ('Oracle') is mentioned. Oracle is usually most reliable object which can correctly testify about outcome of event.

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When the event trade will be settled?

<aside> ⚛️ Every event contract is created with settlement date and time. All events are settled within 36 hours of this settlement time. Oracle is used for final settlement.

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What does trade match means?

<aside> 🔥 Tenet acts as a platform. Whenever you choose a trade (invest in outcome), an opposing trade is found from other user and matched. For e.g. You trade 'Yes' at Rs. 4 then your trade is only matched when we find opposing trade on 'No' at Rs. 6.

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