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

# sTokens

Solera's lending market and vaults give yield-accuring sTokens as deposit receipts. The balance of sTokens increases based on the assets base APY

Users can redeem sTokens for a share of the underling collateral asset at a future date