--- title: Polymarket’s $345 million Iran peace bet is stuck... description: Polymarket has $345 million in trading volume frozen in a dispute over whether the US-Iran agreement qualifies as a 'permanent' peace deal under its contract... canonical: https://daily.dev/posts/polymarket-s-345-million-iran-peace-bet-is-stuck-because-nobody-can-agree-on-what-permanent-means-2tpooigcx twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means | daily.dev og:description: Polymarket has $345 million in trading volume frozen in a dispute over whether the US-Iran agreement qualifies as a 'permanent' peace deal under its contract... og:url: https://daily.dev/posts/polymarket-s-345-million-iran-peace-bet-is-stuck-because-nobody-can-agree-on-what-permanent-means-2tpooigcx og:image: https://api.daily.dev/og/posts/2TpOOIgCX.png og:image:alt: Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means **[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 0 upvotes · 0 comments ## Summary Polymarket has $345 million in trading volume frozen in a dispute over whether the US-Iran agreement qualifies as a 'permanent' peace deal under its contract terms. The resolution hinges on a single word, with Pakistan's announcement using 'permanent termination' language while the actual deal is a 60-day interim framework. The arbitration process relies on UMA token holders voting in a Discord chatroom, but a Bloomberg analysis found just nine anonymous wallets control over half the voting power, and more than 60% of active voters also hold Polymarket accounts — creating clear conflicts of interest. The case exposes structural flaws in token-based governance for high-stakes financial contracts, where whale concentration and misaligned incentives undermine objective adjudication. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Newly created Polymarket accounts win big on well-timed Iran ceasefire bets](https://daily.dev/posts/newly-created-polymarket-accounts-win-big-on-well-timed-iran-ceasefire-bets-lrta7rsvh) · Hacker News · 0 upvotes · 0 comments - [Polymarket customers lose $3 million in supply-chain attack](https://daily.dev/posts/polymarket-customers-lose-3-million-in-supply-chain-attack-udeprymjt) · BleepingComputer · 0 upvotes · 0 comments --- Tags: [#blockchain](https://daily.dev/tags/blockchain) [View this post on daily.dev](https://daily.dev/posts/polymarket-s-345-million-iran-peace-bet-is-stuck-because-nobody-can-agree-on-what-permanent-means-2tpooigcx) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means","url":"https://daily.dev/posts/polymarket-s-345-million-iran-peace-bet-is-stuck-because-nobody-can-agree-on-what-permanent-means-2tpooigcx","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/polymarket-s-345-million-iran-peace-bet-is-stuck-because-nobody-can-agree-on-what-permanent-means-2tpooigcx"},"datePublished":"2026-06-15T20:41:02.928Z","dateModified":"2026-06-15T20:41:23.307Z","description":"Polymarket has $345 million in trading volume frozen in a dispute over whether the US-Iran agreement qualifies as a 'permanent' peace deal under its contract...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/feaab26731dceb67cf5346e73d767071?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/feaab26731dceb67cf5346e73d767071?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/polymarket-s-345-million-iran-peace-bet-is-stuck-because-nobody-can-agree-on-what-permanent-means-2tpooigcx","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"blockchain","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means"}]} ```