> For the complete documentation index, see [llms.txt](https://polymarketguide.gitbook.io/polymarketguide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://polymarketguide.gitbook.io/polymarketguide/resolution/how-do-markets-resolve/proposal.md).

# Proposal

After a qualifying event, the market is ready for a proposal.

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2FWh26bykezpaT1GF6gZlo%2F1.png?alt=media&amp;token=3cbd8ae0-471b-42e1-93f4-78bbe4a02dc4" alt=""><figcaption></figcaption></figure>

### How do proposals work?

To submit a proposal, a user provides an answer and posts a bond. If the proposal is correct, the proposer receives their bond back plus a reward. If it is incorrect, they lose their bond.

*Example*: A user submits a Yes proposal for *Super Bowl Champion 2026 (Buffalo Bills)* and posts a $750 bond.

### What happens after a proposal is submitted?

After a proposal is submitted, it enters a **challenge period**. During this time, anyone can dispute the proposal by posting a bond. Once the challenge period ends, the proposal can no longer be disputed.

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

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2FjjVKNjWGpkzxkcPmmRo4%2F2.png?alt=media&amp;token=42734c6d-223e-410e-a325-ec87e51aa907" alt=""><figcaption></figcaption></figure>

### What happens if the proposal goes undisputed?

If the proposal goes **undisputed**, it is accepted and finalized as the market's outcome.

*Example*: No one disputes the Yes proposal for *Super Bowl Champion 2026 (Buffalo Bills)* during the challenge period. The Yes outcome is finalized.

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2FPItnpKSwBem46i8Kl17J%2F3.png?alt=media&amp;token=5651fca6-e096-40d8-85ed-d974ddf45de8" alt=""><figcaption></figcaption></figure>

### What happens if the proposal is disputed?

If a proposal is disputed, it enters a discussion period. After the discussion, UMA voters determine how the market should resolve.

*Example*: Someone disputes the Yes proposal for *Super Bowl Champion 2026 (Buffalo Bills)*. After discussion, UMA voters vote on the outcome.

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2FwHW3REo0pD33ieaaHOFH%2F4.png?alt=media&amp;token=e494789c-387f-4ff4-8b59-69ab4e4cc83a" alt=""><figcaption></figcaption></figure>

### What happens after the vote?

The winning answer is finalized as the market's outcome.

*Example*: If UMA voters determine that *Super Bowl Champion 2026 (Buffalo Bills)* should resolve No, the No outcome is finalized.

<figure><img src="https://3511841878-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FwmHFi7NV8gmAN3L4jVKb%2Fuploads%2F4JIDr6TkyOZoptm4LPF8%2FVote.png?alt=media&amp;token=ec6518b6-6912-4ad1-8a7e-aef372c3712f" alt=""><figcaption></figcaption></figure>