What will the temperature in Auckland be at 06:00 on Saturday 14 November?

Rules

The ladder is whole degrees in °C: ≤ 15°C at the bottom, ≥ 25°C at the top, one bin per degree between. A reading of x lands in the bin whose range contains it (each bin spans half a degree either side).

Two references, two pools. A ticket names the reading that judges it. Consensus is the oracle's value for the target hour; the pool is refunded at cost if that hour is not settlement-eligible. METAR baseline is the station's own report observed nearest the target hour - the routine METAR within 30 minutes either side, as corrected - so a report left over from the hour before never judges a ticket; the pool is refunded if the station sent none in that window. The two pools never mix.

Pricing. Each pool is a market maker over the bins (LMSR, b = 600); a bin's price is the crowd's probability for it. A ticket buys shares in every degree it picks; the winning degree pays 1 sUSDT a share, the rest pay nothing.

Timing. Tickets close one hour before the target hour. Settlement runs after the hour's run is stored, on the oracle's values only. More →