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

# Introduction

Gol Finance Vaults enable higher yields and save user’s time through an automated compounding mechanism and integration of different farming strategies into one simple UI.&#x20;

The GolFinance team hopes to be able to continuously bring best-in-class automated strategies for users at minimal and reasonable costs. Each vault might employ the use of different strategies, many of which use our proprietary dynamic optimised auto-compounding strategy.

To start using the Vaults, users need to deposit tokens or LP tokens. When users deposit into a vault, this deposit will grow over time and users will also receive $GOL Token rewards as an additional incentive for using the protocol. To grow users deposits, GolVaults will automatically deposit on existing dApps while compounding on a daily basis to maximize users profits.

Our tokenomics and fees are designed to encourage longer term staking, and reward long term holders of our $GOL native tokens.
