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Mitch McConnell steps down from Senate before his term ends?

No source named in rules · End date Jan 3, 11:59 PM ET · View rules on Polymarket (international site) ↗

The short version

How to read this page

Traders give Yes about 9% on “Mitch McConnell steps down from Senate before his term ends”.

It dipped 2 points today, and there are too few orders waiting near the price to compare buy orders and sell orders.

Medium surprise risk: the named source’s announcement settles it, but the rules do not name an official source.

Describes the price, the order book and the contract rules. It is research, not a recommendation.

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The details

Rule note: the announcement countsNo source named
Fine-print risk
Medium (35/100)
Announced

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  • Official source: settlement runs on No resolution source named in the rules text. No recorded moves for this market yet.
  • Fine print: A qualifying official announcement settles Yes; implementation is not required. Deadline: Sun, Jan 3, 2027, 11:59 PM ET. If a second venue lists the same question, compare its named source, cutoff time and timezone, and fallback.

No resolution source named in the rules

Standardized read of public order book, official-source and contract-rule data, identical for every viewer. It describes the data and is not a recommendation. The venue’s published rules control settlement.

Live price, chart & buyers vs sellersPro

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Mitch McConnell steps down from Senate before his term ends?

5-point rule check

Polymarket

No source named in rules
Fine-print risk: Medium (35/100)
  1. Source
  2. Deadline
  3. Counts as Yes
  4. Backup rules
  5. Other venues
Fine-print risk Medium 35
1.
Who settles it (official source)
No resolution source named in the rules text
2.
Deadline and time zone
Sun, Jan 3, 2027, 11:59 PM ET America/New_York
3.
What counts as Yes
AnnouncedAn official announcement is enough; implementation is not required. Rule text: "…is market will resolve to “Yes” if Mitch McConnell formally announces an intention to step down or otherwise vacates his U.S. Sen…"
4.
Backup rules (delays, cancellations, revisions)
No fallback or data-provider hierarchy stated in the rules. Trap: if the outcome is unclear at the end date, resolution goes to a UMA Optimistic Oracle proposal and dispute.
5.
Fine print and other venues
Cross-venue & fine-print settlement trap: If a second venue lists the same question, compare its named source, cutoff time and timezone, and fallback; Polymarket disputes go to the UMA Optimistic Oracle while Kalshi follows CFTC-filed contract terms.
Rules text on file (Polymarket)

This market will resolve to “Yes” if Mitch McConnell formally announces an intention to step down or otherwise vacates his U.S. Senate seat before his current term is scheduled to end (January 3, 2027, 11:59 PM ET). Otherwise, this market will resolve to “No.” An announcement will qualify only if it indicates that McConnell will leave office prior to the scheduled end of his term. Statements reaffirming an existing plan to retire at the end of his term will not qualify. The primary resolution sources will be official statements from Mitch McConnell, his office or representatives, and/or official communications from the U.S. Senate or government.

Mitch McConnell steps down from Senate before his term ends?: resolution rules & settlement traps · MarketWeaver