> For the complete documentation index, see [llms.txt](https://docs.footymarket.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.footymarket.xyz/markets/voiding.md).

# Voiding Policy

A voided market is one where the protocol returns all collateral to holders pro-rata and charges no fees. Voiding is not a resolution: it is a declaration that the market cannot be resolved cleanly.

## Void conditions

A market is voided in the following circumstances:

| Condition                         | Description                                                                                  |
| --------------------------------- | -------------------------------------------------------------------------------------------- |
| **Match abandoned**               | The match was abandoned before 90 minutes without a result being established                 |
| **Player did not participate**    | The named player in a player market did not take part in the match                           |
| **Ambiguous resolution criteria** | The oracle cannot determine the outcome with confidence from the defined resolution criteria |
| **Impossible to determine**       | The event the market was created for cannot be determined from any available public source   |
| **Smart contract issue**          | A contract-level issue affected the specific market in a way that prevents fair resolution   |

## What happens when a market is voided

The `void_market` instruction transitions the market to Voided status. All current share holders can call `void_market` to redeem their shares for USDC at the proportion of the total pool that their shares represent.

Because every YES/NO pair is backed by exactly 1 USDC, any user holding both a YES and NO share receives exactly 1 USDC. Users holding an imbalanced position (more YES than NO or vice versa) receive the proportional value of their shares relative to the total collateral pool.

No fees are charged on voided markets. This applies to the protocol fee, the creator fee, and the resolver fee.

## Creator bond forfeiture

If a market is voided because the question was ambiguous, unanswerable, or violated the quality requirements at the time of creation, the market creator forfeits their creation bond.

The bond is not forfeited if the market is voided due to circumstances outside the creator's control (for example, a match abandonment). The intent is to penalise bad-faith or careless market creation, not to penalise creators for real-world events that could not have been anticipated.

{% hint style="info" %}
The best protection against a void is a well-defined question with precise, unambiguous resolution criteria. Footymarket requires a resolution criteria field at market creation specifically to reduce the probability of ambiguous resolutions.
{% endhint %}


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