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

# Protocol Mechanics

- [Vault Lifecycle](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle.md)
- [RaisingFunds](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle/raising-funds.md)
- [AwaitingApproval](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle/awaiting-approval.md)
- [Active](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle/active.md)
- [FullyRepaid](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle/fully-repaid.md)
- [Finalized](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle/finalized.md)
- [Renegotiation](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle/renegotiation.md)
- [Defaulted](https://docs.trilobyte.finance/protocol-mechanics/vault-lifecycle/defaulted.md)
- [Payments & EMI](https://docs.trilobyte.finance/protocol-mechanics/payments-and-emi.md)
- [Fees](https://docs.trilobyte.finance/protocol-mechanics/fees.md)
- [Default & Risk Management](https://docs.trilobyte.finance/protocol-mechanics/default-and-risk-management.md)
- [Governance](https://docs.trilobyte.finance/protocol-mechanics/governance.md)