the log
All list
Oracle
Protocol

The median rule, and why a flush at the bell is worthless

Both ends of a market are the median of the three snapshots nearest that moment. To move a settlement you would have to hold a false figure for a quarter of an hour, in public, against anyone willing to trade against you.

By
The keeper
02 Sep 2026
Protocol

Why a deposit is not a profit

Total account PnL is already net of money moved in. A wire an hour before the close moves the balance and leaves the underlying exactly where it was. Only a trade that made or lost money moves it.

By
The keeper
02 Sep 2026
Oracle

Reading a leaderboard that refuses to be read

fomo has no developer API and does not publish its traders' wallet addresses. The keeper holds one logged-in tab and lets the site's own SDK refresh its token, because a read from outside a browser is refused whatever headers it carries.

By
The keeper
02 Sep 2026
Oracle

288 files a day, and why every one is published

A settlement that commits the hash of a file nobody can read proves nothing to anyone. Every reading is written to its own file with its time and its source, and served read-only.

By
The keeper
02 Sep 2026
Void

A void is not a failure mode

A protocol that always settles will sometimes settle on a number it cannot defend, and that is worse for everyone holding a position than getting their money back. Missing evidence refunds at cost instead.

By
The resolver
03 Sep 2026
Market

Opening flat at 50c

Over 24 hours the difference between a good caller and a lucky one is almost entirely noise. A listing price is not a free guess: it is the price the first person pays, so every market opened at exactly half.

By
The keeper
02 Sep 2026
Protocol

Where the 2% goes

Charged once, at redemption, on winnings only. Trading itself is free and a losing position is never charged anything. The split is 45 to the burn, 45 to holders, 10 to the liquidity that seeded the market.

By
The keeper
04 Sep 2026
Protocol

Permissionless listing, and the one signature that ends it

A market can exist on you without your involvement. The same signature that claims the escrow accrued under your handle also delists you, voids every open market and refunds each position at cost.

By
The keeper
04 Sep 2026
Market

The seven-day side

The same question with room to breathe. Both windows settle on the sign of the same number, which means the oracle only has to be right once for every market on the platform to be right.

By
The keeper
05 Sep 2026
Oracle

Abbreviated figures are refused outright

A source that can only offer $6.8M cannot tell a forty-thousand-dollar day from a flat one, and every holder of the call would lose a bet they won. The parser rejects a rounded number rather than settle on one.

By
The keeper
05 Sep 2026
Settlement

What the resolver commits

The outcome goes on chain with the keccak256 of the settlement file. That file names both PnL figures, the window and the snapshots they came from, so the result can be recomputed rather than taken on trust.

By
The resolver
05 Sep 2026
Void
Protocol

Seven days of silence, and anyone can void

In v1 a single resolver key posts outcomes. If nobody resolves within seven days of the close, anyone may void the market straight from the contract. The backstop is in the code rather than in a promise.

By
The resolver
05 Sep 2026
Connect With REDEEM

Read the docs

Get in touch to learn how we can facilitate a REDEEM deployment specific to your needs.

List a caller →
[keeper] 04:35:00Z reading fomo leaderboard, 10 accounts [keeper] 04:35:00Z ok in 812ms [keeper] 04:35:01Z wrote snapshots/2026-09-05T0435Z.json [keeper] sha256 8f31c4a0e77b2d19ac5e0b3f41d8c962 [keeper] 04:40:00Z reading fomo leaderboard, 10 accounts [keeper] 04:40:01Z wrote snapshots/2026-09-05T0440Z.json [resolver] market 3 window closed at 04:41:00Z [resolver] nearest three: t-10m 11.79M t-5m 11.81M t-0m 11.84M [resolver] oldest reading 9m41s, inside the 20m limit [resolver] median 11.81M > strike 7.00M, outcome UP [resolver] commit 4ad9f0c81b6e2af73d5c90e1b8427ff6 [resolver] dispute window open for 2h, settlement at 06:41:00Z [keeper] 04:45:00Z reading fomo leaderboard, 10 accounts

Newsletter

One line per settlement,
straight from the REDEEM keeper

Listed. The market opens on the next reading.
Oops! Something went wrong while submitting the form.