# Creating Tokens The first step for a prediction market is to create the outcome tokens. For this we need: * A question (ex: « Who will win the 2028 presidential election? »). * A list of outcomes (ex: « Trump », « Biden », « Other »). * An oracle (here, we’ll use reality.eth \[19] with Kleros \[18] as an arbitrator) which can answer the question. * A resolution period consisting of the earliest date the market can settle and the time\[1] after which the market is to be invalid if the outcome is still unknown. * An underlying token, to be used to create the outcome tokens and to be given to users redeeming their tokens (in order to be capital efficient, we can use a yield bearing one such as sDAI or stETH). People can mint complete sets of outcome tokens by providing underlying tokens. For example, someone can put 1000 sDAI to create 1000 « sDAI if Trump », 1000 « sDAI if Biden » and 1000 « sDAI if Other ». --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://seer-2.gitbook.io/seer/prediction-market-basics/creating-tokens.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.