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

# Money Flow

When a user deploys USDC through PAiT, they receive PAiT Index tokens in return. The funds then follow a structured and secure path across multiple layers:

```
  ↓ User Wallet
```

```
  ↓ Smart Contract - L1
```

```
  ↓ Treasury Cold Wallet Nr 1 - L2
```

```
  ↓ Operation Wallet - L3
```

```
  ↓ Strategy Wallets (Stable & DEX) - L4
```

```
  ↓ Exchange Routing (Bybit/Binance) - L5
```

```
  ↓ Tactical Wallets - L6
```

```
  ↓ Treasury Cold Wallet Nr 2 - L7
```

PAiT actively manages the allocation between Stable and DEX strategies based on market conditions and risk parameters. The system maintains reserves to support user withdrawals while continuing to grow positions in yield-generating pools.

All movements from cold wallets require multi-signature approvals. The AI Operator continuously monitors positions and risk metrics, while human operators review and execute approved rebalances through the multisig.

***