---
description: >-
  Resolution Stage is the end phase in the lifecycle of a prediction market.
  This stage marks the end of the market and changes how the PnL is calculated
  for traders.
---

# Resolution Stage

* After the market outcome is proposed and not disputed by the participants of the UMA protocol, the event market trading stops.&#x20;
* Traders' profits and losses are settled based on parimutuel logic, where the winners of the market share the losing traders' collateral based on their position size.
* To supplement profits, the Reward Pool fees are shared by the winning traders.
