This market will resolve to “Yes” if Variational officially launches a governance token by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to “No”. The token must be actively and publicly transferable and tradable. Announcements alone do not qualify. The primary resolution source for this market will be information from Variational (https://x.com/variational_io), however a consensus of credible reporting will also be used.