> For the complete documentation index, see [llms.txt](https://teragon.gitbook.io/teragon/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://teragon.gitbook.io/teragon/teragons-three-pillars/vectors/vector-basics.md). # Vector Basics ### Teragon Vector Objective * Provide exposure to the global crypto market with tokens representing the majority of market cap excluding stablecoins * Focus on diversification and early participation in rising stars * Maintain high liquidity for ease of entrance and exit * Rebalance vectors regularly to capture quickly rising tokens while limiting drawdown risk ### Eligible Tokens * Must not be a stablecoin * Must have a non-zero positive market cap * Must have at least 90 days of operating history * Must have passed a credible audit * Must have reasonable and consistent liquidity * Must not include features that discourage long term investments ### How do users invest? Indices will be implemented as vaults on each blockchain. Users can invest in these vaults by: * Providing the native token or accepted stablecoin e.g. BNB on BSC, USDC, USDT or AVAX on Avalanche. The Vault smart contract accepts user deposit and then proceeds to acquire assets on an AMM. The users receive corresponding Vault tokens during net asset valuation (NAV) daily around 10:00 UTC in return that represent the underlying Index. Withdraws are completed at the same time. * Direct minting: Users can provide the constituent tokens of an Index and receive the corresponding value in the Vault token * Direct buying using an AMM Pool: We will setup AMM pools for Index token vaults. Users can directly buy Index Vault tokens on these pools. We will liaise with market makers for setting up these AMM pools --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://teragon.gitbook.io/teragon/teragons-three-pillars/vectors/vector-basics.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.