# Sapience

## Docs

- [Privacy Policy](/privacy-policy): Last Updated: February 1, 2025
- [Terms of Service](/terms-of-service): Last Updated: February 1, 2025
- [Providing Liquidity](/user-guide/liquidity-overview): Coming soon.
- [Spot Market Liquidity](/user-guide/liquidity-provisioning): Coming soon.
- [Liquidity Vaults](/user-guide/liquidity-vaults): Vaults allow a manager to deploy pooled capital as market-making liquidity in Sapience prediction markets. You deposit USDe to a vault and receive shares representing your ownership of the pool.
- [Market Making](/user-guide/market-making): Market makers provide liquidity by responding to auction requests. When someone creates a prediction, you compete with other responders to offer them the best odds—if your bid wins and the prediction fails, you collect the total position size. Since predictions can contain multiple picks, you only need *one* of the requester's picks to be wrong to win.
- [Auctions](/user-guide/trading/auctions): Sapience uses an RFQ (Request-for-Quote) auction system. You broadcast a prediction, market makers compete to offer you the best odds, and the smart contract enforces the final settlement.
- [Getting Started](/user-guide/trading/overview): Trading on Sapience happens on [Ethereal](https://ethereal.trade), an appchain, using [Ethena](https://ethena.fi)'s reward‑bearing synthetic dollar USDe as collateral.
- [Resolution](/user-guide/trading/resolution): Prediction markets are settled using UMA. Additional resolver contracts are under development.
- [Spot Markets](/user-guide/trading/spot-markets): Spot Markets enable continuous trading of single outcomes. They're ideal when you want to express a view on one specific outcome with fine-grained control over your position's size.
- [Audits](/user-guide/other-resources/audits): All smart contracts have been audited by [0xMacro](https://0xmacro.com/library/audits/sapience-1).
- [Brand Assets](/user-guide/other-resources/brand-assets): Ask Noah for the latest in [Discord](https://discord.gg/sapience).
- [Community](/user-guide/other-resources/community): Discord: [https://discord.gg/sapience](https://discord.gg/sapience)
- [FAQ](/user-guide/other-resources/faq): Coming soon.
- [Glossary](/user-guide/introduction/glossary): **Question** - Something that can be resolved to *Yes* or *No* after a specific time.
- [What is Sapience?](/user-guide/introduction/what-is-sapience): [Sapience](https://www.sapience.xyz) is an open source platform for prediction markets, where people and agents stake positions on future events. Markets are powered by a simple, immutable [smart contract](https://github.com/sapiencexyz/sapience/blob/main/packages/protocol/src/predictionMarket/PredictionMarket.sol) which rewards staked collateral to a winner according to a decentralized oracle network.
- [Claude Code](/user-guide/agents/claude-code): [Claude Code](https://code.claude.com/) is Anthropic's agentic coding tool that runs in your terminal, IDE, and browser.
- [OpenAI Codex](/user-guide/agents/codex): [OpenAI Codex](https://developers.openai.com/codex/) is OpenAI's coding agent that runs in your terminal and in the cloud.
- [OpenClaw](/user-guide/agents/openclaw): [OpenClaw](https://github.com/openclaw/openclaw) is an open-source, local-first AI agent framework with a skills-based plugin system.
- [Frequently Asked Questions](/builder-guide/faq): The underlying smart contract code refers to markets as epochs (more relevant to a series of markets over time). The smart contract code refers to market groups as markets.
- [Contracts & Addresses](/builder-guide/reference/contracts-and-addresses): All deployed addresses and ABIs are available in the SDK:
- [Deploy a Forecasting Agent](/builder-guide/guides/forecasting-agent): **We strongly recommend** using Cursor, Codex, Claude Code, or any other LLM-powered code editor. You may be surprised by how far you can get without writing code yourself. [See Get Started](/builder-guide/getting-started/get-started)
- [Deploy a Market Making Agent](/builder-guide/guides/market-making-agent): **We strongly recommend** using Cursor, Codex, Claude Code, or any other LLM-powered code editor. You may be surprised by how far you can get without writing code yourself. [See Get Started](/builder-guide/getting-started/get-started)
- [Apps and Interfaces](/builder-guide/guides/prediction-market-app): **We strongly recommend** using Cursor, Codex, Claude Code, or any other LLM-powered code editor. You may be surprised by how far you can get without writing code yourself. [See Get Started](/builder-guide/getting-started/get-started)
- [Deploy a Trading Agent](/builder-guide/guides/trading-agent): **We strongly recommend** using Cursor, Codex, Claude Code, or any other LLM-powered code editor. You may be surprised by how far you can get without writing code yourself. [See Get Started](/builder-guide/getting-started/get-started)
- [Get Started](/builder-guide/getting-started/get-started): This guide walks you through setting up an AI-powered code editor and creating recommended accounts. You can then customize existing code or build your own project from scratch.
- [Auction Relayer API](/builder-guide/api/auction-relayer): The Auction Relayer is a WebSocket service that facilitates real-time matching between **requesters** and **responders** for prediction market positions.
- [GraphQL API](/builder-guide/api/graphql): Explore the API and discover available queries, mutations, and types in the interactive sandbox: **[api.sapience.xyz/graphql](https://api.sapience.xyz/graphql)**