# Event

The first step to market resolution is an event. 

<figure><img src="/files/BBQqtS5HC7T1KW0AoBXr" alt=""><figcaption></figcaption></figure>

### What is an event?

An event is something that happens in the real world which may cause a market to resolve.

*Example*: The Buffalo Bills win the 2026 Super Bowl.

<figure><img src="/files/qgOlI4GHR4zGxROKtIZU" alt=""><figcaption></figcaption></figure>

### Does the event qualify?

For an event to qualify, it must meet the market's resolution criteria.

For **Yes** outcomes, this means the qualifying event occurred.

For **No** outcomes, it usually means that the market ended without a qualifying event happening.

*Example*: The Buffalo Bills winning the 2026 Super Bowl meets the resolution criteria for *Super Bowl Champion 2026 (Buffalo Bills)*.

<figure><img src="/files/nXVBLwcMmnjxbTCtwhax" alt=""><figcaption></figcaption></figure>

### Is the market proposal ready?

If the event qualifies, the market is ready for proposal. A user can submit a proposal to resolve the market.

*Example*: Once the Buffalo Bills' win is confirmed, a user can submit a Yes proposal for *Super Bowl Champion 2026 (Buffalo Bills)*.

<figure><img src="/files/ngGgmdqI74Wadf9PdugX" alt=""><figcaption></figcaption></figure>


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