How It Works (The Dual-Timer System)

To protect underwriters from being scammed by a 1-second API glitch, AnchorShield markets use two separate timers.

1. Sustained Breach Duration

When a market is created, it sets a breach duration (e.g., 15 minutes, or 1 hour). If the oracle price drops below the threshold (e.g., $0.995), the contract's BreachStartedAt stopwatch begins. If the price recovers to $1.00 before the duration is met, the stopwatch is completely wiped. A depeg must be sustained continuously to trigger a payout.

2. Market Lifespan (Expiry)

The maximum amount of time the market exists. (e.g., 7 Days). If the Expiry Date is reached and no sustained breach has occurred, the market permanently closes, YES tokens become worthless, and NO tokens can claim the locked collateral.

Important: If a sustained breach does happen on Day 1, the market settles immediately. It does not wait for the 7-day expiry!