> For the complete documentation index, see [llms.txt](https://plateau-finance.gitbook.io/plateau-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://plateau-finance.gitbook.io/plateau-finance/tokenomics/vaults.md).

# Vaults

Compounding Yield optimizer for Native & AMM farms.

All **Plateau Vaults** run an auto compound (harvest) action to convert farming reward tokens into additional LP on behalf of the user. These LPs are reinvested automatically into the pool for a compounding effect.

* Compound reward tokens issued by the AMMs into staked LP by selling the rewards and pooling them again as LP.
* Compound event occurs in multiple cycles per day, depending on the vault balance.
* Receipt tokens are issued to the user upon each vault deposit representing your share of the vault which is used to withdraw profits (Eg: ETH-AVAX vault of Trader Joe LP tokens is named JOE-ETH-AVAX )