The interesting part of a prediction market isn't just making a prediction. It's what happens after you make one. On Sight, a token prediction round follows a specific lifecycle: 1. Open A round begins, and users can take UP or DOWN positions using ETH. 2. Lock As the countdown approaches its end, new positions are disabled. This typically happens during the final 30 seconds. 3. Resolve When the round ends, Sight compares the opening reference price with the closing reference price. If the closing price is higher, UP wins. If it's lower, DOWN wins. If both prices are equal, the round enters refund mode. 4. Claim Winning positions become available to claim. Eligible refunds can also be claimed. Here's another interesting detail: Winners don't receive a fixed payout. They share the winning pool proportionally to their stakes, after the applicable protocol fee. And there's something users shouldn't overlook: winnings and refunds must be claimed within 14 days of resolution. This is how Sight turns a short-term price prediction into an onchain process with defined rules for participation, settlement and payouts. Understanding the mechanics matters just as much as understanding the prediction. @sight_hood