# Submitting Bids

### **What is a bid?**

Bidding is a way to monetize a jot, based on how convinced a user is about it with reference to the topic. One can submit multiple bids on a topic. The final bid amount will be the sum of all your bids.

### **Is it mandatory to bid?**

Yes, a bid is mandatory to participate in a topic. If you do not want to bid, you can be a LP.

### **How can I improve my chance of winning CELO?**

Every bidder is scored on the basis of the quality of their jots that they submit. Bidders can improve their chance of winning by having a diverse set of jots and the tight correlation to the topic question.
