Assets and directions
While creating a bet, the issuer needs to decide about its parameters. The first two parameters a bet issuer sets are the asset and the direction.
The asset is the bet's underlying token. Its price during the exercise window will decide whether the bet should be resolved in the issuer's or the taker's favor. Using the search function in the web UI, the issuer can choose any token from those available on our platform.
After selecting an asset, the issuer needs to decide whether they think its price will go up or down. The bet will have to find a taker with a contradictory belief. If the issuer thinks the price will go up, the taker must believe it will go down, and vice versa.