> For the complete documentation index, see [llms.txt](https://docs.opentrade.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.opentrade.io/stablecoin-yield-vaults/product-overview/vaults.md).

# Vaults

Learn more about the different vault types in OpenTrade's Treasury Management & Yield Product.

## Loan Vaults

Each Loan Vault is a unique smart-contract based on the ERC-4626 standard that has specific parameters, including: 

* Loan Type (e.g. open-ended or fixed term)
* Eligible Collateral
* ERC-20 Vault Token
* Liquidity Asset (e.g. USDC, EURC)
* Interest Rate
* Exchange Rate
* [Exchange Rate Method](/stablecoin-yield-vaults/product-overview/exchange-rates.md)
* Cut-Off Times 
* Processing Times 
* Fees
* User permissions

For a list of active loan vaults and more information, see [here](/stablecoin-yield-vaults/stablecoin-yield-vaults.md).