Resolution Is Not Settlement, Part II: Protocol Finality and Observed Redemption on Polymarket
An Oracle result is not yet a protocol payout, a redeemable position is not yet collateral in a holder's account, and a redemption event is not a complete measure of economic entitlement. This companion paper develops an event-sourced framework for Polymarket conditions from preparation through protocol finality and observed holder realization. The empirical design uses three Conditional Tokens Framework event famili…