On March 14, 2022, Do Kwon (@stablekwon) and Sensei Algod (@AlgodTrading) made a bet on whether the price of Terra (LUNA) would be lower on March 14, 2023 than it was on March 14, 2022.
Each party put up 1 million, to an escrow wallet owned by @cobie. Do Kwon bet LUNA would be $92.40 or higher on March 14, 2023, and Sensei Algod bet LUNA would be lower than $92.40.
This market will resolve to “Do Kwon” if Do Kwon wins the bet, or “Sensei Algod” if Sensei Algod wins the bet.
If for whatever reason the winner of the bet isn’t decided by April 1, 2023, or is ambiguous (e.g. the result isn't agreed to by both parties and @cobie), LUNA’s 24h average price on March 14, 2023, ET will be checked. If it is 92.40$ or above, the market will resolve to “Do Kwon”, otherwise it will resolve to “Sensei Algod”.
The 24h price will be calculated from Coingecko (https://www.coingecko.com/en/coins/terra-luna
), by averaging the close price of all forty-eight 30 minute candles for the timeframe March 14 12:00:00 AM ET to March 15 12:00:00 AM ET. If Coingecko’s relevant candles are unavailable, another credible source will be used.