> For the complete documentation index, see [llms.txt](https://docs.snowbl.capital/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.snowbl.capital/how-it-works/yield.md).

# Yield

Snowbl allocates capital across a diversified set of yield strategies, selected and managed to maximize risk-adjusted returns while remaining market-neutral.

## Yield sources

* **Lending**&#x20;

  Supplying assets to lending protocols to earn interest from borrowers.
* **Liquidity Providing**

  Deploying liquidity into AMM pools to collect trading fees.
* **Farming LP Campaigns**

  Participating in incentivized liquidity programs to capture token rewards on top of base yield.
* **Perp Funding Rate Arbitrage**

  Exploiting funding rate differentials on perpetual contracts while hedging directional exposure.
* **Liquidity Pool Arbitrage**

  Capturing pricing inefficiencies across liquidity pools.
* **Fixed Rate (YT Counterparty)**

  Taking the fixed-rate side by acting as counterparty to yield token (YT) holders, locking in predictable returns.

All positions are monitored in real time. Gains are continuously settled on-chain to the corresponding vaults, meaning the share price reflects actual performance as it happens.


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