# Axient.

> Technical documentation for Axient's debt-free finality mechanism for binary event markets.

## Docs

- [Architecture](https://docs.axient.app/architecture.md): A reference architecture for risk, ledger, execution, and lifecycle control.
- [Controls and assumptions](https://docs.axient.app/controls-and-assumptions.md): The operational safeguards and assumptions required by the reference mechanism.
- [Debt-free finality](https://docs.axient.app/debt-free-finality.md): The minimum-sale mechanism and the condition for ending leverage.
- [Event finality](https://docs.axient.app/event-finality.md): How a leveraged position is converted into a debt-free event claim before resolution.
- [Executable risk](https://docs.axient.app/executable-risk.md): Risk is measured from settled, executable venue proceeds rather than marks.
- [Overview](https://docs.axient.app/overview.md): Axient is a physically backed margin mechanism for binary event markets.
- [Research basis and limits](https://docs.axient.app/research-basis.md): The paper behind the current mechanism specification and the limits on its interpretation.
- [Trading](https://docs.axient.app/trading.md): Position construction, physical direction, and isolated collateral.