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

# Our Business

- [Business Model](https://docs.ratio.finance/our-business/business-model.md): This page discloses the different aspects of Ratio's cutting-edge business model
- [Stability Fees](https://docs.ratio.finance/our-business/business-model/stability-fees.md)
- [RATIO Tokenomics](https://docs.ratio.finance/our-business/ratio-tokenomics.md): This section will address the topic of the supply and demand of our tokens
- [$RATIO Token](https://docs.ratio.finance/our-business/ratio-tokenomics/usdratio-token.md): $RATIO is the SPL governance token associated to the protocol.
- [USDr Stablecoin](https://docs.ratio.finance/our-business/ratio-tokenomics/usdr-stablecoin.md): $USDr is a soft-pegged USD stablecoin that represents an over-collateralized debt position.
- [How does Ratio's Collateralization work?](https://docs.ratio.finance/our-business/how-does-ratios-collateralization-work.md): Learn how we define and calculate the value of deposited LP.
- [Governance](https://docs.ratio.finance/our-business/governance.md): Governance refers to the people, processes, and systems that govern the future growth and development of the Ratio Finance platform.


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