Biden Removed Via 25th Amendment Before Election?
Market Information
Market Open Date | Start Date | Market Close Date | Currency | Taker Fee |
---|---|---|---|---|
2024-07-24 | 2024-07-05 16:52 ET | 2024-11-04 | USD | 0.075% |
Rules
This market will resolve to "Yes" if Joe Biden is formally removed from the office of the President of the United States by means of the process outlined in Section 4 of the 25th Amendment to the US Constitution by November 4, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". If the Vice President becomes Acting President via the process outlined in Section 3 of the 25th Amendment, it will not effect the resolution of this market. Only Biden's removal from office via the process outlined in Section 4 of the 25th Amendment will qualify for a "Yes" resolution. If Biden ceases to be POTUS before this market's expiration date for any other reason, this market may immediately resolve to "No". The resolution source for this market will be official information from the US government.
There are "taker fees" on this market. The taker fees apply when you match an existing order on the order book. The taker fees are .075 times the price, times the potential profit (e.g., Taker Fee per share = .1*Price/100*(1-Price/100)). Thus, the taker fee to buy 100 shares at 20 cents would be: 100*.075*(20/100)*(80/100) = $1.20.