> For the complete documentation index, see [llms.txt](https://benfrnk.gitbook.io/cashio_docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://benfrnk.gitbook.io/cashio_docs/introduction.md).
# Introduction
[Cashio](https://cashio.app) is a decentralized application that allows users to do two things:
1. **Print** a USD pegged stable coin - $CASH - by depositing stable pair LP tokens of corresponding value as collateral.
2. **Burn** $CASH to redeem the underlying LP tokens.
**$CASH can be leveraged in DeFi for competitive yields from stable coins (up to 30% APY), used as a decentralized store of value/ medium of exchange, or swapped with any other traditional stable coin on the market at a 1:1 ratio.**
A user deposits stable pair LP tokens to the Cashio protocol, where deposits are staked into [Sunny Aggregrator](https://app.sunny.ag/) and[ Quarry](https://app.quarry.so/) in a [Crate](https://crate.so) for **$SUNNY** and **$SBR** yields via [Arrow Protocol](https://arrowprotocol.com/#/).
{% hint style="info" %} **This creates a treasury that grows for the DAO as long as people hold $CASH.** \ **Hence: (**💵**,** 💵**)**
{% endhint %}
The Cashio DAO is a Decentralized Autonomous Organization that has the purpose of increasing the adoption of **$CASH** by leveraging the profit from the [Cashio Treasury](https://cashio.app/#/treasury). The DAO will be powered by Tribeca Protocol. For more info on the governance token see Tokenomics.