> For the complete documentation index, see [llms.txt](https://praxis-4.gitbook.io/praxis/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://praxis-4.gitbook.io/praxis/documentation/welcome.md).

# Welcome

Documentation for Praxis — a principal-protected prediction market protocol on Base.

Praxis lets you deposit USDC in a yield-generating vault and use the yield to participate in prediction markets and games all while your principal remains safe.

<table data-card-size="large" data-view="cards"><thead><tr><th></th><th></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><h4>🚀 Getting Started</h4></td><td>Deposit, receive PT &#x26; YT, and make your first prediction.</td><td><a href="/praxis/documentation/getting-started/what-is-praxis.md">What is Praxis</a></td></tr><tr><td><h4>⚙️ How It Works</h4></td><td>Understand the core mechanics — PT/YT, vaults, markets, and games.</td><td><a href="/praxis/documentation/how-it-works/pt-and-yt.md">PT &amp; YT</a></td></tr><tr><td><h4>📐 Strategies &#x26; Guides</h4></td><td>From base plays to advanced approaches and PT/YT trading.</td><td><a href="/praxis/documentation/strategies-and-guides/base-strategies.md">Base Strategies</a></td></tr><tr><td><h4>🔬 Advanced</h4></td><td>Deep dives into AMM mechanics, yield accounting, and contracts.</td><td><a href="/praxis/documentation/advanced/yield-sources.md">Yield Sources &amp; YT Accounting</a></td></tr></tbody></table>