> For the complete documentation index, see [llms.txt](https://docs.basecase.gg/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.basecase.gg/core-concepts.md).

# Core Concepts

- [Protocol Flow](https://docs.basecase.gg/core-concepts/protocol-flow.md)
- [Shadow Liquidity](https://docs.basecase.gg/core-concepts/shadow-liquidity.md): The core innovation powering zero-capital prediction markets
- [Bonding Curve Mechanics](https://docs.basecase.gg/core-concepts/bonding-curve.md)
- [Graduation Protocol](https://docs.basecase.gg/core-concepts/graduation.md)
- [Order Book Trading](https://docs.basecase.gg/core-concepts/order-book.md)
- [Market Resolution](https://docs.basecase.gg/core-concepts/resolution.md): How markets are resolved using UMA's Optimistic Oracle