> For the complete documentation index, see [llms.txt](https://docs.sierra.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sierra.money/overview/welcome-to-sierra-protocol.md).

# Welcome to Sierra Protocol

## Higher Standards. Better Assets.

Sierra Protocol is the institutional-grade solution for permissionless yield. Issuing Partners launch permissionless vaults and Liquid Vault Tokens (LVTs) with the exact risk, liquidity, and yield profile they need, backed by any combination of Real World Assets (RWAs) and onchain yield sources.

We have built Sierra's infrastructure stack to span all five layers supporting permissionless yield, including:

* **Asset Origination -** Sourcing any public or private fixed income asset, instrument, or fund
* **Institutional-Grade Operations -** Structuring, custody, administration, verification, reporting, onboarding, compliance
* **Onchain Vault Deployment and Tokenization -** Permissionless deployment, security, audits
* **Curation & Allocation -** Customizing reserve strategy to a target liquidity, risk and yield profile
* **Distribution & Composability -** Enabling seamless secondary market liquidity, transferability and integrations across DeFi & CeFi for added utility

There are five ways to use the Sierra Protocol:

{% content-ref url="/pages/qPxlciMoSjeubp6WSX0m" %}
[Deploying a Permissionless Vault](/protocol-use-cases/deploying-a-permissionless-vault.md)
{% endcontent-ref %}

{% content-ref url="/pages/kiGRYGQgivXbTKAgEcca" %}
[Accessing Premium Curated Vaults](/protocol-use-cases/accessing-premium-curated-vaults.md)
{% endcontent-ref %}

{% content-ref url="/pages/ErNl4FMMmQlvmHEclrQ8" %}
[Issuing a Liquid Vault Token](/protocol-use-cases/issuing-a-liquid-vault-token.md)
{% endcontent-ref %}

{% content-ref url="/pages/un2uljjc5rR38X0JNzgx" %}
[Powering an Earn Offering](/protocol-use-cases/powering-an-earn-offering.md)
{% endcontent-ref %}

{% content-ref url="/pages/JoynaZg1iOdX2qFXHWQl" %}
[Our Flagship LVT: SIERRA](/our-flagship-lvt-sierra/reserve-strategy.md)
{% endcontent-ref %}

### Who Benefits from the Sierra Protocol

Sierra serves many types of issuing and integration partners:

* Asset managers and RWA originators that want to enable permissionless access, including full composability across DeFi and CeFi for their assets
* DeFi protocols, exchanges, fintechs, neobanks, and card issuers that want to launch a branded permissionless Vault or LVT to integrate into their platform or power their earn offering
* Hedge funds, treasury teams, and retail users seeking the industry’s highest quality yield on their stablecoins

### Quick Links

Website: <https://sierra.money/>

X (Twitter): [https://x.com/SierraIsMoney](https://x.com/sierraismoney)

Telegram: <https://t.me/SierraIsMoney>

Blog: <https://blog.sierra.money/>

{% hint style="warning" %}
**Risk Notice:** Permissionless Vaults and Liquid Vault Tokens issued through Sierra Protocol are not regulated financial products, and users should not expect any protections under banking, securities, or consumer protection laws in any jurisdiction.

The Vaults and Liquid Vault Tokens are cryptoassets that are not issued by a central bank, should not be considered legal tender and do not represent a claim on deposits at a regulated financial institution. Users should understand that:

* Sierra Protocol is not subject to formal regulatory oversight;
* There are no government guarantees or investor safeguards; and
* Redemption, collateral management, and price stability rely entirely on the mechanisms underlying in the protocol and its governance.

Participants should exercise independent judgment and conduct their own due diligence before using the Sierra Protocol, especially in jurisdictions where regulatory treatment of cryptoassets is uncertain or evolving.
{% endhint %}


---

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