How can I set data createContext?

HOW CAN I SET DATA INTO THE STATE?

** And how can i solve createContext error? **

export const LastChanceContext = createContext() //in there return error: Expected 1 arguments, but got 0.

export const GET_LASTCHANCE = “GET_LASTCHANCE”

const LastChanceWrapper = ({children} : {children:any}) => {

const initialState = {
    lastChances: [],
    lastChance: {}
};
console.log('asd',initialState);

const [state, dispatch] = useReducer(lastChanceReducer, initialState);

useEffect(() => {
    const getLastChance = async () => {
        const result = await axiosFetch('http://65.21.148.176:2803/api/Home/Get');
        const action = {
            type:GET_LASTCHANCE,
            payload:result.data.data.lastChanceList
        };
        if(Object.keys(result).length !== 0) {
             dispatch(
                 {state,
                action}
             )

            console.log(result.data.data.lastChanceList);
        }

    };

    getLastChance();
}, [])


return (
    <LastChanceContext.Provider value={{
        lastChances: state.lastChances,
        lastChance: state.lastChance
    }}>
        {children}
    </LastChanceContext.Provider>
)

}

export default LastChanceWrapper