# Proposal

After a qualifying event has happened, the market is ready to be proposed.

<figure><img src="/files/cSItLvehIBtCEsxxA25m" alt=""><figcaption></figcaption></figure>

### How do proposals work?

To submit a proposal, a user must put up a bond with their proposed answer. This ensures that proposals are made in good faith and backed by confidence. If the proposal is correct, the user earns a reward and gets their bond back; if incorrect, they lose their bond.

*Example*: A user submits a Yes proposal for *Super Bowl Champion 2026 (Buffalo Bills)* and posts a $750 bond. If their proposal is correct, they receive their $750 bond back plus a $2 reward; if incorrect, they lose their $750 bond.

<figure><img src="/files/fQoPGU75UApQIeEdM14W" alt=""><figcaption></figcaption></figure>

### What happens after a proposal is submitted?

After the proposal is submitted, it enters a 2-hour challenge period. During this time, anyone can challenge (dispute) the proposal by posting an equal bond. Once the challenge period ends, the proposal can no longer be challenged.

*Example*: After the *Super Bowl Champion 2026 (Buffalo Bills) – Yes* proposal is submitted, it can be challenged within the 2-hour window.

<figure><img src="/files/QRKhWY1NU8QLNHWO9Nxp" alt=""><figcaption></figcaption></figure>

### What happens if the proposal goes unchallenged?&#x20;

If the proposal goes unchallenged during the challenge period, it is accepted as true and finalized as the market's outcome.

*Example*: After the *Super Bowl Champion 2026 (Buffalo Bills) – Yes* proposal is submitted, no one challenges it within the 2-hour challenge period. The proposal is accepted and finalized as the market's outcome.

<figure><img src="/files/HZmyLCdFe6LsCaQKrDwC" alt=""><figcaption></figcaption></figure>

### What happens if the proposal is challenged?

If a proposal is challenged, it enters a discussion period, where participants debate whether the proposed answer is correct. After the discussion, oracle participants vote on which side is correct.

*Example*: After the *Super Bowl Champion 2026 (Buffalo Bills) – Yes* proposal is submitted, someone challenges it. Users then discuss whether the proposal is correct. After the discussion, oracle participants vote on the outcome.

<figure><img src="/files/Ftp5IKMoEVO97kgqAlUc" alt=""><figcaption></figcaption></figure>

#### What happens after the vote?&#x20;

After the vote, the winning answer is finalized as the market outcome.&#x20;

*Example*: After oracle participants vote on the *Super Bowl Champion 2026 (Buffalo Bills)* dispute, the winning vote is that the market should resolve to No. The outcome of No is finalized.

<figure><img src="/files/dQbERSvrc7EAWhiRv28B" alt=""><figcaption></figcaption></figure>


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