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