This market will resolve to "Yes" if an armistice, ceasefire, or negotiated settlement is announced by both Ukraine and Russia regarding the ongoing war in Ukraine by January 19, 2025, 11:59 PM ET.

To count toward the resolution of this market, an armistice, ceasefire, and/or negotiated settlement must be indicative of at least the temporary end of the Ukraine-Russia military conflict, must pertain to all theaters of military conflict between the two countries, and be declared through official channels by both countries. The specific date that such an agreement will take effect is not relevant to the resolution of this market. The only requirement is that the agreement must be announced within this market's specified timeframe.

This market will resolve based on the first announcement of such an armistice, ceasefire, and/or negotiated settlement.