> For the complete documentation index, see [llms.txt](https://epipendao.gitbook.io/epipendao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://epipendao.gitbook.io/epipendao/introduction/publish-your-docs/epipen-vault.md).

# Epipen Vault

The assets staked by users enter the Epipen Vault, where the allocation of these assets across strategy pools is dynamic and rebalanced according to the optimization and distribution proposals. The goal is to ensure that users receive the best staking returns. The vault consists of three main assets: slisBNB, BNB, and ClisBNB.\
This is the core asset management module of the system. Epipen Vault uses built-in smart contract logic to allocate assets across different strategies for maximizing returns.

Asset Flow：

* slisBNB: Built on Lista DAO, slisBNB is a native yield-bearing staking token for BNB. As the APR (annual percentage rate) for BNB staking increases, slisBNB appreciates in value, allowing users to earn passive staking rewards while also earning additional rewards from various DeFi platforms. slisBNB is integrated into several other DeFi protocols, such as Binomial,Kernel and Pendle. Users can deposit slisBNB as collateral on the ListaDAO platform to borrow lisUSD. It is also used for liquidity provision on decentralized exchanges (DEXs) like Thena Finance and PancakeSwap.
* ClisBNB: Currently, the primary function of ClisBNB is to allow users to release liquidity and participate in Binance's new coin mining LaunchPool.
* BNB: Used for multiple purposes, including lending protocols, restaking protocols, yield generation, and RWA (real-world assets).