Yes, it is a markdown notes application. This is the core, think Notion but local-first (Sync is a paid extra, or you can use Syncthing or Git to DIY sync).
You can build much more complicated systems with it (I also have it as my todo app and have it pulling out todos from all my notes and prioritising them), or you can use it as a slightly nicer version of using vs code with a folder of markdown files, which was my precious system (there's also Dendron, which is the same idea but as a vs code plugin).