How to host my contest on codechef?

How to host my contest on codechef?
Is it free or not?

At codechef, it is totally free and they also provide laddoo’s for hosting a contest. For more information, you can refer to this link.

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But who paid prizes ? me or codechef?

Codechef provide t-shirts or goodies to winners. Codechef wants to improve coding culture in India.