Resolve & Redeem

Every parlay vault has one terminal lifecycle:

Open → Won | Lost

Neither transition happens merely because an event ended. Polymarket's Conditional Tokens outcomes must settle, then someone must submit resolve() to the Polypar vault.

Step 1: wait for external settlement

A potential win needs every stored leg to have a final CTF payout. A loss may be proven earlier when the contract reaches a resolved losing leg; a still-unresolved leg earlier in the stored order blocks that particular resolution attempt.

A selected side counts as winning only when its payout numerator equals the condition's payout denominator. An opposite result, split, tie, or void makes the all-or-nothing parlay lose.

Step 2: call resolve()

resolve() is permissionless. A keeper, ticket holder, or unrelated account may submit the Polygon transaction and pay its gas. It is not an automatic contract action.

• On Won, the vault requests any nominal collateral shortfall from the configured treasury, once, during resolution.
• On Lost, the vault sends its collateral balance to the configured treasury.

The status cannot return to Open.

Step 3: redeem shares

After status is Won or Lost, the ticket holder signs a wallet transaction calling redeem:

• losing shares redeem for zero;
• winning shares redeem pro-rata from the vault's actual USDC balance;
• a treasury shortfall can make actual winning proceeds lower than the displayed nominal claim.

The backend cannot redeem for the user solely because it knows the ticket or signed the entry quote.

Use My Tickets to inspect the vault status and shares, but verify the Polygon transaction before treating a UI message as final. Treasury funding is limited to its actual USDC balance.

Next: trace custody in Your Funds and review resolution delays and shortfall scenarios in Risks & Limitations.