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

# How it works

- [Aleo Delegated Staking](https://docs.pondo.xyz/how-it-works/aleo-delegated-staking.md): What are the motivations behind Pondo?
- [Liquid Staking Mechanisms](https://docs.pondo.xyz/how-it-works/liquid-staking-mechanisms.md): Liquid Staking and Pondo
- [pALEO Token](https://docs.pondo.xyz/how-it-works/paleo-token.md): What is the purpose of pALEO ?
- [Yield Oracle](https://docs.pondo.xyz/how-it-works/yield-oracle.md): How is Validator Yield Determined?
- [Rebalancing](https://docs.pondo.xyz/how-it-works/rebalancing.md): What is Rebalancing?
- [Security](https://docs.pondo.xyz/how-it-works/security.md): What features make Pondo secured?