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

# PROTOCOL MECHANISM

- [Mechanism Overview](https://docs.strata.markets/protocol-mechanism/mechanism-overview.md): Yield distribution and protocol revenue mechanism
- [Dynamic Yield Split](https://docs.strata.markets/protocol-mechanism/dynamic-yield-split.md): The core mechanism that powers Strata's risk-tranching protocol.
- [Risks & Mitigations](https://docs.strata.markets/protocol-mechanism/risks-and-mitigations.md): Potential risks of using the Strata Protocol and the mechanisms in place to mitigate them.
