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

# The protocol

- [Launch your Watt token](https://docs.watt.si/the-protocol/launch-your-watt-token.md)
- [Liquid staking for tokens](https://docs.watt.si/the-protocol/liquid-staking-for-tokens.md): Why hold just another idle token in your wallet when you can hold a liquid-staked token and earn yield along the way?
- [Volatility farming](https://docs.watt.si/the-protocol/volatility-farming.md): Imagine a world where the ups and downs of cryptocurrency prices aren't just a rollercoaster ride for investors, but actually a way to earn rewards. This is the essence of volatility farming.
- [Arbitrage opportunities](https://docs.watt.si/the-protocol/volatility-farming/arbitrage-opportunities.md)
- [Volatility farming flywheel](https://docs.watt.si/the-protocol/volatility-farming/volatility-farming-flywheel.md): Let's dig deeper.
- [Watt assets](https://docs.watt.si/the-protocol/watt-assets.md)
- [Token ratio](https://docs.watt.si/the-protocol/watt-assets/token-ratio.md)
- [Watt token specification](https://docs.watt.si/the-protocol/watt-assets/watt-token-specification.md)
- [Enabled mint authority](https://docs.watt.si/the-protocol/watt-assets/enabled-mint-authority.md)
- [Suggested actions](https://docs.watt.si/the-protocol/watt-assets/suggested-actions.md)
- [Liquidity pools](https://docs.watt.si/the-protocol/liquidity-pools.md)
- [Two Watt token pools](https://docs.watt.si/the-protocol/liquidity-pools/two-watt-token-pools.md)
- [Fee structure](https://docs.watt.si/the-protocol/fee-structure.md): Although often perceived as unnecessary or redundant, fee distribution in Watt protocol plays a pivotal role by unlocking arbitrage opportunities otherwise inaccessible to most of Solana users.
- [Burn rate](https://docs.watt.si/the-protocol/fee-structure/burn-rate.md)
- [APR methodology](https://docs.watt.si/the-protocol/apr-methodology.md)
- [Action cheat sheet](https://docs.watt.si/the-protocol/action-cheat-sheet.md)
- [Amplifiers](https://docs.watt.si/the-protocol/amplifiers.md)