Polkamarkets 101 Series: How do I claim my winnings?

Polkamarkets Labs
Polkamarkets Labs
Published in
3 min readMay 5, 2022

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Polkamarkets 101 Series: How do I claim my winnings?

In the sixth article of the Polkamarkets 101 Series, we cover the topic of how users claim their winnings and liquidity after the market is resolved. Polkamarkets 101 is a series of videos and extended Help Center articles that make it easier for users to get started with Polkamarkets.

How do I claim my winnings?

Learn how to claim your winnings and liquidity after the market is resolved.

After a market is closed and resolved, you can claim your earnings through the protocol interface.

Instructions

Head to the ”Portfolio” section, and filter markets by Resolved, as shown in the screenshot below:

Filter markets by Resolved in the Portfolio section.
Filter markets by Resolved in the Portfolio section.

Claim Market Outcome Winnings

If you hold shares of a winning outcome, they’ll be displayed as available to claim. Click “Claim Winnings”. You’ll be prompted with a Metamask transaction. After the transaction confirmation, your balance will update accordingly.

Claim Market Outcome Winnings
Claim Market Outcome Winnings

Withdraw Liquidity

If you added liquidity to a market, you’ll be able to claim it back, along with earned transaction fees, in the “Liquidity Positions” tab. Click “Withdraw” . You’ll be prompted with a Metamask transaction. After the transaction confirmation, your balance will update accordingly.

Withdraw Liquidity along with earned transaction fees, in the “Liquidity Positions” tab
Withdraw Liquidity along with earned transaction fees, in the “Liquidity Positions” tab

Claim POLK from Reports

If you bonded POLK to report the winning outcome in a market, you’ll be able to claim it back in the “Report Positions” tab. Click “Claim”. You’ll be prompted with a Metamask transaction. After the transaction confirmation, your POLK balance will update accordingly.

Claim back your POLK from the “Reports Positions” tab
Claim back your POLK from the “Reports Positions” tab

You can learn more in the help center, where you’ll find information regarding the following topics:

  • Basic information about the Polkamarkets Protocol
  • How to create a verifiable market
  • POLK Token & Tokenomics
  • Other Frequently Asked Questions

About Polkamarkets

Polkamarkets is an Autonomous Prediction Market Protocol built for multi-chain information exchange and trading where users take positions on outcomes of real-world events–in decentralized and interoperable EVMs.

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Polkamarkets Labs
Polkamarkets Labs

Autonomous Prediction Market Protocol, an EVM protocol solution for the Polkadot Ecosystem. https://www.polkamarkets.com/