When Clarifications Are Added
Clarifications are added when:- A rule could be read in more than one way
- A detail in the description needs to be specified
- An event develops in a way that raises a question about what counts
- Timing or wording could be interpreted more than one way
- It needs to be stated whether a specific event satisfies the rules
- Resolution sources need to be defined for the market
Where Clarifications Appear
Clarifications appear at the top of the rules section as an Additional context message.Effect on Orderbooks
Before a clarification is posted:- Liquidity may be reduced
- Spreads may widen
- Volatility can increase when there is uncertainty
Effect on Contracts
After a clarification is posted:- It removes ambiguity about what counts
- It can confirm whether the rule conditions have been met
- It can clarify whether the market should continue trading or is eligible for resolution
Examples
Timing Interpretation
- Rule ambiguity: The rules require an event to occur “by the end of the quarter.”
- Clarification: Only events occurring on or before a stated cut-off time count.
- Effect: Defines the exact timing threshold.
Event Qualification
- Rule ambiguity: The rules require “an official announcement” but do not specify the communication channel.
- Clarification: Only announcements published through the designated official channel count.
- Effect: Specifies which announcements qualify as the event.
Source Specification
- Rule ambiguity: The rules require confirmation “from official data.”
- Clarification: Only data published by the designated official source counts.
- Effect: Identifies the authoritative source used for resolution.
Key Points
- Clarifications add context to explain the rules
- They do not change the market question
- They appear at the top of the rules section as Additional context
- Polymarket clears the order book when a clarification is posted
- Clarifications can confirm whether rule conditions have been met
- Always read the rules and any clarifications before trading