# Pricing Enquiry Price Seekers who require price information for illiquid assets will be able to create price enquiries manually through a web application or programmatically through APIs. In each enquiry, a Price Seeker will identify and/or determine: * **Asset** **to be priced:** This includes name, identity, location, quantity, quality, and other key attributes. * **Price measurement:** For example, if the asset is to be priced on an equity value or enterprise value metric. * **Value date:** For pricing of the asset. * **Submission deadline:** Cutoff time that Price Experts are required to submit their encrypted pricing estimates. * [Reward Mechanism](/lithium-finance/protocol/reward-mechanism.md#reward-pools): Bounty denominated in LITH and/or other distributions (such as tokens or items in the NFT collection) that shall be available for distribution to Price Experts providing price insight. * **Minimum Reputation Threshold:** Price Seeker may elect to only accept pricing output produced by a group of Price Experts that includes at least a certain number of participants staking RP no less than a minimum threshold it requires. * **Pricing frequency:** Multiple price enquiries for an asset can be commissioned as a time series. For example, weekly pricing for an asset could be provided by 52 weekly pricing enquiries - ensuring a growing dataset beneficial to the Price Seekers. As an enquiry is posted, the protocol creates a new transaction within the Lithium smart contract on the blockchain that references a content identifier. This identifier then points to content that would eventually be stored on IPFS, comprising of the enquiry and other relevant background information. Once the creation is completed, Price Experts will be able to start submitting price estimates through the [Pricing Mechanism](/lithium-finance/protocol/pricing-mechanism.md). --- # 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://docs-25.gitbook.io/lithium-finance/protocol/pricing-enquiry.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.