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

# Voyage Lend

Voyage operates on a pool-to-peer architecture. All deposits of underlying assets are held in pools, from which Vaults may draw funds and repay loans. Voyage liquidity pools are implemented as [EIP-4626](https://eips.ethereum.org/EIPS/eip-4626) vaults, from which depositors receive a pro-rated share of the income derived from borrower interest as loans are repaid.