> For the complete documentation index, see [llms.txt](https://docs.aera.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aera.finance/v2-archive/introduction.md).

# Introduction

Aera is a treasury management protocol that attempts to address existing shortcomings with controlling treasury funds. Aera supports:

* **Robust Asset Selection** No need to plan strategies. Just pick an objective and assets you would like to include.
* **Efficient Purchasing** Remove bureaucracy from DAOs.
* **Decentralized Active Management** Market aware & tailored to your protocol.

**Read these next:**

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[The Aera Approach](/v2-archive/the-aera-approach.md)
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[How Aera V2 Works](/v2-archive/how-aera-v2-works.md)
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### Aera V2

*Aera V1 was launched and tested in 2022 as a way to adjust a 2-asset portfolio to mitigate risk exposure. This documentation describes Version 2, an updated iteration of the smart contracts to be launched in 2023. To read more about Aera V1, we recommend reading* [*the whitepaper*](https://uploads-ssl.webflow.com/62cd150e5e9efc960319c44d/6346c4525380f8fa6435c2b5_Aera_Whitepaper.pdf) *and the V1 archive below:*

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[Aera Introduction](/v1-archive/aera-introduction.md)
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### Guides

Learn about how to interact with Aera whether as a direct user (Treasury), Arbitrageur or to earn rewards as a Vault Guardian.

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[Treasury](/v2-archive/guides/treasury.md)
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Use Aera to protect your users from shortfalls.

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[Vault Guardians](/v2-archive/guides/vault-guardians.md)
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Become a Treasury Vault Guardian.

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[Fee Recipient](/v2-archive/guides/fee-recipient.md)
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Receive fees from Aera vaults.

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[Developers](/v2-archive/guides/developers.md)
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Build on top of Aera.

### Key Concepts

Learn how the Aera system protects treasuries.

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[Vault Assets](/v2-archive/concepts/vault-assets.md)
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[Objective Function](/v2-archive/concepts/objective-function.md)
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[Vault Guardian](/v2-archive/concepts/vault-guardian.md)
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[Vault Operation](/v2-archive/concepts/vault-operation.md)
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