{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-HW5SJBMHS5",
  "slug": "will-mamdani-raise-the-minimum-wage-to-30-before-2027",
  "question": "Will Mamdani raise the minimum wage to $30 before 2027?",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "labor-policy",
    "minimum-wage",
    "mamdani",
    "2026"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This market tracks whether Zohran Mamdani enacts a $30 minimum wage in New York City before 2027. Resolution requires two conditions: a Mamdani mayoral win and subsequent wage legislation. Polymarket's UMA Optimistic Oracle governs settlement on both prongs. The market closes December 31, 2026.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-KT9N832CF8",
  "current_primary_mark": {
    "last_price": 0.1,
    "implied_probability": 0.1
  },
  "created_at": "2026-07-23T21:11:14.426158+00:00",
  "updated_at": "2026-07-23T21:11:14.426158+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-KT9N832CF8",
      "event_id": "CM-EVT-HW5SJBMHS5",
      "platform": "polymarket",
      "platform_market_id": "0x3f451b060eea0d9bc7d66af72122684cec9db51972b6407402cd9d521a4034cb",
      "question": "Will Mamdani raise the minimum wage to $30 before 2027?",
      "description": "Zohran Mamdani has proposed raising New York City's minimum wage to $30 an hour by 2030. You can read more about that here: https://www.cityandstateny.com/policy/2025/02/mamdani-unveils-30-30-minimum-wage-push-part-mayoral-campaign/403015/?oref=csny-homepage-top-story\n\nThis market will resolve to “Yes” if both the following occur:\n\n1. Zohran Mamdani wins the 2025 NYC Mayoral election.\n\n2. A policy is enacted in New York City before December 31, 2026, 11:59 PM ET, which would establish a minimum wage of at least $30 an hour, effective by December 31, 2030, or earlier. \n\nThe policy will be consi",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "UMA Optimistic Oracle determines whether Zohran Mamdani won the 2025 NYC mayoral election and whether New York City enacted a minimum wage policy of at least $30/hour effective by December 31, 2030, before December 31, 2026.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "Zohran Mamdani has proposed raising New York City's minimum wage to $30 an hour by 2030. You can read more about that here: https://www.cityandstateny.com/policy/2025/02/mamdani-unveils-30-30-minimum-wage-push-part-mayoral-campaign/403015/?oref=csny-homepage-top-story\n\nThis market will resolve to “Yes” if both the following occur:\n\n1. Zohran Mamdani wins the 2025 NYC Mayoral election.\n\n2. A policy is enacted in New York City before December 31, 2026, 11:59 PM ET, which would establish a minimum wage of at least $30 an hour, effective by December 31, 2030, or earlier. \n\nThe policy will be considered to have been enacted if a local or state law is passed, or mayoral executive order is issued which will bring the stated minimum wage into effect within the specified timeframe. The introduction, proposal, or announcement of such a policy without legal enactment will not qualify.\n\nThe enactment of a policy that initiates a structured increase of the minimum wage to at least $30 an hour in NYC over the course of several years will qualify for an immediate \"Yes\" resolution, so long as that policy explicitly outlines it will achieve that level by the stated date.\n\nEnactment of limited or temporary pilots which are not formally intended for citywide expansion (e.g., policies that explicitly cover only select boroughs, neighborhoods, or time periods) will not count.\n\nPolicies which include limited exceptions—such as such as exceptions for restaurant workers, etc.—will still qualify as long as a general policy of a $30 per hour minimum wage in New York City by 2030 is enacted.\n\nIf Mamdani is confirmed to have lost the 2025 NYC Mayoral election by a consensus of credible reporting, or if the stated terms are not satisfied within this market's timeframe, this market will immediately resolve to “No”.\n\nThe resolution source for this market will be a consensus of credible reporting.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://www.cityandstateny.com/policy/2025/02/mamdani-unveils-30-30-minimum-wage-push-part-mayoral-campaign/403015/?oref=csny-homepage-top-story",
        "sources": [
          {
            "name": "cityandstateny.com",
            "url": "https://www.cityandstateny.com/policy/2025/02/mamdani-unveils-30-30-minimum-wage-push-part-mayoral-campaign/403015/?oref=csny-homepage-top-story",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 6
      },
      "last_price": 0.1,
      "implied_probability": 0.1,
      "volume_24h_usd": 0,
      "volume_total_usd": 22298.136444999996,
      "settlement_style": "occurrence",
      "direction": "reach",
      "threshold": 30,
      "question_id": null,
      "also_on": null,
      "tags": [
        "labor",
        "mamdani",
        "minimum wage",
        "policy"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-HW5SJBMHS5",
    "terms": "Attribution required. clearmarket.fyi"
  }
}