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

# Prediction Markets

- [Overview](https://paper.yamata.io/prediction-markets/overview.md)
- [What Are Prediction Markets?](https://paper.yamata.io/prediction-markets/what-are-prediction-markets.md)
- [Platform Features](https://paper.yamata.io/prediction-markets/platform-features.md)
- [How It Works](https://paper.yamata.io/prediction-markets/how-it-works.md)
- [Beta-Weighted Distribution](https://paper.yamata.io/prediction-markets/beta-weighted-distribution.md)
- [Market Lifecycle & States](https://paper.yamata.io/prediction-markets/market-lifecycle-and-states.md)
- [Market Resolution & Challenge System](https://paper.yamata.io/prediction-markets/market-resolution-and-challenge-system.md)
- [Position Tokens (ERC-1155)](https://paper.yamata.io/prediction-markets/position-tokens-erc-1155.md)
- [Participating in Markets](https://paper.yamata.io/prediction-markets/participating-in-markets.md)
- [Security & Transparency](https://paper.yamata.io/prediction-markets/security-and-transparency.md)
- [Best Practices](https://paper.yamata.io/prediction-markets/best-practices.md)
- [Supported Networks](https://paper.yamata.io/prediction-markets/supported-networks.md)
- [FAQ](https://paper.yamata.io/prediction-markets/faq.md)
- [Legal and compliance](https://paper.yamata.io/prediction-markets/legal-and-compliance.md)