> For the complete documentation index, see [llms.txt](https://foregate.gitbook.io/foregate-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://foregate.gitbook.io/foregate-docs/readme/how-does-foregate-work.md). # How Does ForeGate Work? Explore Markets — Trade Your Insight — Create Your Own — Resolve & Earn ✨ **Within the cyclical ecosystem of prediction markets,** **"Valuable Questions" and "Liquidity" serve as the two core engines. The "Valuable Questions" provided by creators must be ****clear, objectively verifiable, uncertain, timely, and of market relevance to become high-quality subjects for trader participation****. Meanwhile, traders inject ****liquidity**** through trading activities, enabling the market to function with price discovery and trading depth.**\ \ **Our platform and oracles together ****establish a credible, neutral infrastructure****, ensuring fair outcome verification and value distribution. These three components are interdependent, collectively forming a self-driven, credible, and sustainable bilateral market ecosystem.**
### **Towards a Balanced Ecosystem Design** **Prediction markets are a sophisticated system driven by both ****Creators**** and ****Traders****. This creates a powerful ****ecological cycle****: creators design "****Valuable Questions****" to attract traders; traders inject "****Liquidity and Views****" to energize the market; active markets generate revenue and reputation for creators, incentivizing them to create more high-quality markets, which in turn attract more traders.** **Within this system, every participant contributes in their own way, transforming fragmented knowledge and beliefs into collective predictions about the future. The two sides rely on each other, jointly constructing the complete market ecosystem. The true power of prediction markets lies in converting dispersed knowledge, perspectives, and risk preferences into ****continuous****, ****transparent price signals****, allowing the market to realize its full potential as an infrastructure for ****collective intelligence****.** ### **Creator Dimension** {% columns %} {% column width="66.66666666666666%" %} * **Create Markets** * **Pose clear, verifiable questions, such as "Will Candidate X win the election?"** * **Set Market Rules and Parameters** * **Define outcome options, trading duration, and other parameters, and select reliable oracles to ensure fair settlement.** * **Publish and Manage Markets** * **After a market is launched, creators can not only participate in trading but also earn ongoing revenue from transaction fees as the market grows active.** * **A well-designed market attracts liquidity, and successful settlements build reputation for the creator.**
{% endcolumn %} {% column width="33.33333333333334%" %} #### ***Create Markets, Build the Ecosystem***

{% endcolumn %} {% endcolumns %} ### **Trader Dimension** {% columns %} {% column width="33.33333333333333%" %} #### ***Participate in Markets, Trade Your Views***

{% endcolumn %} {% column width="66.66666666666667%" %} **Browse popular prediction topics (Explore Markets) across a variety of categories. Discover events that match your interests and expertise** * **Trade Your Beliefs** * **Act on your market views by taking "Yes" or "No" positions. Our smooth trading interface makes executing your strategy straightforward** * **Create Your Own Market** * **Launch your own prediction market in just a few steps. Simply define the key parameters: the prediction question, possible outcomes (e.g., "Yes"/"No"), and the market's start and end times.** * **Resolve & Earn** * **Once an event concludes, the market is settled, and profits are distributed fairly.** {% endcolumn %} {% endcolumns %}
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