> For the complete documentation index, see [llms.txt](https://l4va-team.gitbook.io/l4va-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://l4va-team.gitbook.io/l4va-docs/l4va-protocol/protocol-overview.md).

# Protocol Overview

L4VA is open-source smart contract infrastructure built on Cardano that enables:

* Vault creation
* Asset aggregation
* Native token fractionalization
* Governance coordination
* Activity-based protocol incentives

L4VA is infrastructure, not an issuer, broker, or asset manager.