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

# What Cesta Finance is

### Cesta Finance is a next generation DAO reserve currency on Avalanche <img src="https://abs-0.twimg.com/emoji/v2/svg/1f53a.svg" alt="Up-pointing red triangle" data-size="line">, combining the best of yield farming index funds and the 'protocol-owned-liquidity' token model of DeFi 2.0.

Yield farming index funds are risk-adjusted and powered by auto-compounding LP on top performing protocols in the Avalanche ecosystem.

Upgraded version of 'protocol-owned-liquidity' & reserve currency token model guarantees the continuous CESTA growth in a sustainable way, as TVL are long term appreciative assets with token utilities.

### Imagine the currency backed by DeFi yield generating indexes, owned by the DAO.

![](https://lh5.googleusercontent.com/DdyFXt3SqkQnFbjeSOqQC7HVoX9yQ_NFJ0cjHEQbJIY00OGxGaxm-yIoxKPEbY1-WM0w1tlpszQpTVkfzB2L7sA3RkYQG3w6UhfrSUGm-4ks38ZOoMSFLc1EtOpEgZVRh3_xgLTb)