> For the complete documentation index, see [llms.txt](https://cicada-finance.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cicada-finance.gitbook.io/docs/faq/how-is-cicada-finances-token-mechanism-designed.md).

# How is CICADA Finance's token mechanism designed?

CICADA Finance assets divide into yield-stable (RT only) and yield-liquid (LT+RT) tokens.

* Yield-Stable Tokens (e.g., rtUSQ): RT-only for steady growth without price volatility. Rebase auto-yields (quantity increases/decreases daily from real yields); no locking. Returns = 100% underlying interest.

Yield-Liquid Tokens (e.g., ltCIC-rtCIC): Dual structure for price + yield compounding. LT: Tradable, supply-demand priced. RT: 1:1 LT-anchored, rebase-yielding. Returns = layered real + market gains.