# Whitepaper - [Protocol Overview](https://docs.mimicry.org/whitepaper/readme.md): Mimicry is a decentralized prediction game that helps anyone discover the odds of any market. - [Core Mechanics](https://docs.mimicry.org/whitepaper/core-mechanics.md): The Mimicry Protocol consists of a series of open-source smart contracts and a GUI web application. - [True Odds](https://docs.mimicry.org/whitepaper/core-mechanics/true-odds.md): True Odds describe how likely "the street" thinks it is for a market's reference price to move up or down in the future. - [Value Transfer Events](https://docs.mimicry.org/whitepaper/core-mechanics/value-transfer-events.md): Value Transfer Events are the smart contract functions that move ownership rights of deposited collateral between players. - [Advanced Features](https://docs.mimicry.org/whitepaper/advanced-features.md): The Mimicry Protocol supports a number of advanced features to help Traders that wish to seek more alpha. - [Leverage](https://docs.mimicry.org/whitepaper/advanced-features/leverage.md): Leverage in Mimicry is unique, in that, players can never go into debt and there is never any need for the system to manage liquidations. - [Automations](https://docs.mimicry.org/whitepaper/advanced-features/automations.md) - [Automated Stop-Loss](https://docs.mimicry.org/whitepaper/advanced-features/automations/automated-stop-loss.md) - [Automated Take-Profit](https://docs.mimicry.org/whitepaper/advanced-features/automations/automated-take-profit.md) - [Automated Swap-Sides](https://docs.mimicry.org/whitepaper/advanced-features/automations/automated-swap-sides.md) - [Players & Participants](https://docs.mimicry.org/whitepaper/players-and-participants.md): Mimicry functions as a decentralized autonomous organization with five core network participants. - [Directors (Market Sponsors)](https://docs.mimicry.org/whitepaper/players-and-participants/directors-market-sponsors.md): Directors create, maintain, and promote Pantomime markets. - [Actors (Traders)](https://docs.mimicry.org/whitepaper/players-and-participants/actors-traders.md): Actors open directional long & short positions within markets. - [Producers (Liquidity Providers)](https://docs.mimicry.org/whitepaper/players-and-participants/producers-liquidity-providers.md): Producers provide low-risk liquidity to Pantomime markets in exchange for protocol fees and token rewards. - [Balancers (Keepers)](https://docs.mimicry.org/whitepaper/players-and-participants/balancers-keepers.md): Balancers call public smart contract functions to rebalance two-sided Producer positions and help automate advanced trading features for Actors. - [Crew (Team)](https://docs.mimicry.org/whitepaper/players-and-participants/crew-team.md): The Mimicry Crew consists of all people and organizations who contribute time, knowledge, and/or capital towards our mission. - [Fees](https://docs.mimicry.org/whitepaper/fees.md): Mimicry charges traders an exit fee, and 100% of these fees are redistributed to liquidity providers and market sponsors. - [Tokenomics](https://docs.mimicry.org/whitepaper/tokenomics.md): $MIMIC is an ERC-20 utility token that is required in order for the Mimicry Protocol to function in the most healthy way possible. - [In-App Use Cases](https://docs.mimicry.org/whitepaper/tokenomics/in-app-use-cases.md) - [Rewards](https://docs.mimicry.org/whitepaper/tokenomics/rewards.md) - [Governance](https://docs.mimicry.org/whitepaper/tokenomics/governance.md) - [Distribution](https://docs.mimicry.org/whitepaper/tokenomics/distribution.md) - [Vesting](https://docs.mimicry.org/whitepaper/tokenomics/vesting.md) - [Contract Architecture](https://docs.mimicry.org/whitepaper/protocol-architecture.md): Eventually our contracts will be open-sourced and upgradability will be removed. For now we're publishing notes here. - [Risks & Mitigations](https://docs.mimicry.org/whitepaper/risks-and-mitigations.md): Mimicry is a complex codebase and certain risks exist within the system. - [Price Manipulation Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/price-manipulation-risk.md) - [Data Feed Downtime Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/data-feed-downtime-risk.md) - [Centralization Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/centralization-risk.md) - [Smart Contract Risks](https://docs.mimicry.org/whitepaper/risks-and-mitigations/smart-contract-risks.md) - [Macroeconomic Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/macroeconomic-risk.md) - [Skew-Change Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/skew-change-risk.md) - [Leverage Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/leverage-risk.md) - [Liquidation Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/liquidation-risk.md) - [Arbitrage Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/arbitrage-risk.md) - [Market Abandonment Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/market-abandonment-risk.md) - [Balancer Shortage Risk](https://docs.mimicry.org/whitepaper/risks-and-mitigations/balancer-shortage-risk.md) - [Notable Vocabulary](https://docs.mimicry.org/whitepaper/notable-vocabulary.md): We sometimes use novel vocabulary to describe certain aspects of our system. - [Partner Integrations](https://docs.mimicry.org/whitepaper/partner-integrations.md) - [Roadmap](https://docs.mimicry.org/whitepaper/roadmap.md) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.mimicry.org/whitepaper.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.