> For the complete documentation index, see [llms.txt](https://docs.townsq.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.townsq.xyz/institution-backed-yield-vault-features/lending-to-institutions-and-rwa-issuers.md). # Lending to institutions & RWA issuers Institution-backed strategy vaults are a structured vehicle utilizing the LP Share Token method to lend LP funds to the curatorial institutions and funds to access the uderlying strategy and asset's yield. The yield could come from: * Trading strategies from hedge funds, quant teams, and prop trading firms; * Private credits of cash-flow (non-public) companies; * RWAs such as tokenized commodities where banking interest yield is offered; etc. Similar to the fund managing model, a performance fee is charged on realized profit upon LP withdrawal. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.townsq.xyz/institution-backed-yield-vault-features/lending-to-institutions-and-rwa-issuers.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.