# Welcome to SIERRA

## Overview

The Sierra Protocol reimagines money by issuing SIERRA, a Liquid Yield Token (LYT) built to deliver the best user experience across DeFi, CeFi and TradFi. Instead of dealing with hidden fees, banking delays and price inflation, SIERRA holders experience a new form of money that is universally accessible, self-custodial, transparent and growing in value through intrinsic yield. By holding SIERRA, users passively earn industry-leading yield, compounded daily without any lock-ups, hidden fees, or requirements to stake or claim rewards.

Through reserves backed by a diversified portfolio of real-world financial assets (RWAs) and blue-chip DeFi yield sources, SIERRA delivers stable risk-adjusted returns, deep liquidity, and utility via integrations across CeFi and DeFi.  

SIERRA is natively issued on the Avalanche blockchain and can be seamlessly bridged to Ethereum (and other blockchain networks in the future) via our partnership with LayerZero. 

## Quick links

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

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

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

{% content-ref url="overview/buy-and-sell-sierra" %}
[buy-and-sell-sierra](https://docs.sierra.money/overview/buy-and-sell-sierra)
{% endcontent-ref %}

{% content-ref url="overview/utility-and-partnerships" %}
[utility-and-partnerships](https://docs.sierra.money/overview/utility-and-partnerships)
{% endcontent-ref %}

{% content-ref url="reserves-management/reserve-strategy" %}
[reserve-strategy](https://docs.sierra.money/reserves-management/reserve-strategy)
{% endcontent-ref %}