# Resolution Phase

* At the end of the dispute phase, the resolution phase begins, with two outcomes
  * **Payout released** (occurs when no dispute / won A/B)
    * 95% of total market value is distributed amongst winning participants
    * The market fee (5%) is redistributed:
      * 0.5% to the creator
      * 2% to validator (or High Guard)
      * 1% burned
      * 1.5% to foundation
  * **Refund released** (occurs when draw / invalid market occurs)
    * **In the case of a draw:**
      * Players are refunded (minus fees)
      * Analysts refunded in full
      * 50% of analyst rewards burned
      * 50% of analyst rewards are sent to the High Guard
      * Dispute Creator loses Dispute Fee (shared among High Guard)
    * **In the case of an invalid market:**
      * Analysts and players are refunded in full


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