Proposal Funding
The funding phase is the final step before a market becomes tradable.
Instead of launching immediately, every proposed market enters a funding phase where contributors collectively solve three key objectives:
- Determine whether the market should launch (filtering spam or low-quality markets).
- Clear the opening odds.
- Seed initial liquidity.
By funding a proposal you help achieve the objectives above, effectively acting as a pre-launch "market maker."
Choose your contribution
Use the funding amount field to decide how much TYD you would like to contribute.
This amount determines:
- Your contribution toward market graduation.
- The size of your initial market position.
- Your influence on the market's opening probability.

Adjusting outcome exposure
Next, choose how much exposure you want to each outcome. The slider determines how many shares you receive of each outcome:
- Move toward YES to receive more YES shares.
- Move toward NO to receive more NO shares.
- Leave the slider centered to receive equal amounts of both positions.
Your contribution always mints both YES and NO shares, even if your funding split fully allocates to only one side. The opposing tokens to your split are seeded as initial liquidity.
This process decides how exposed you will be to either outcome based on what you think the fair probability of the underlying event should be. For example, if you think the starting odds should reflect an 85% chance for YES, then you would adjust your contribution split such that its impact on the odds projects an 85% starting probability.

Tip: Enable Auto-Tune to target a specific launch probability instead of manually selecting a YES/NO split. This feature automatically adjusts your contribution split based on your specified target probability.
Preview the opening probability
Before confirming your contribution, you can see exactly how it affects the market. This preview updates in real time as you adjust either:
- your funding amount, or
- your YES/NO allocation.
When Auto-Tune is enabled, adjusting the target probability automatically recalculates your allocation.

Monitor graduation progress
Every proposal must reach its funding threshold before trading begins. The progress bar shows:
- Current funding
- Funding target
- Your contribution's impact
Once the funding threshold is reached, the proposal graduates and the market becomes tradable.

How your contribution is used
The following example walks through a single $10 contribution that lands the market at a 37% opening probability.
You receive (upon graduation):
- YES allocation: 3.7 shares
- NO allocation: 6.3 shares
Market liquidity seeded:
- YES shares added as ranged liquidity between $0.37 – $1.00 (6.3 shares)
- NO shares added as ranged liquidity between $0.63 – $1.00 (3.7 shares)
Launch impact:
- Market odds: 50% → 37% YES
- Funding progress: $0 → $10

Your contribution accomplishes all three objectives simultaneously: it establishes your initial market position, bootstraps launch liquidity, and helps determine the market's opening probability.
Launch fee
A 5% launch fee is charged only if the proposal successfully graduates. If a proposal does not reach its funding threshold, no launch fee is charged.
Your funding allocation (shares and liquidity) will be displayed on your portfolio page once the market graduates. From this point you can trade in and out of your positions, or remove your liquidity freely.