> For the complete documentation index, see [llms.txt](https://docs.secured.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.secured.finance/sf-yield-vault/core-mechanics.md).

# Core Mechanics

While [Getting Started](/sf-yield-vault/getting-started.md) covers how to use vaults, this section explains how they work internally — for users who want a deeper understanding, and for developers.

| Page                                                                                                                 | What it covers                                                                  |
| -------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------- |
| [Vault System Overview](/sf-yield-vault/core-mechanics/vault-system-overview.md)                                     | The shared model behind every vault: shares, accounting, capital flow, and fees |
| [Strategy Framework and Allocation Model](/sf-yield-vault/core-mechanics/strategy-framework-and-allocation-model.md) | What a strategy is, how capital is allocated, and how liquidity works           |
| [Available Vaults and Strategies](/sf-yield-vault/core-mechanics/available-vaults-and-strategies.md)                 | The vaults live today and what each strategy does                               |
