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

# LYNX Overview

LYNX is a yield aggregation protocol on the Hedera network, built by Lynxify — an award-winning Web3 development studio. The protocol is made up of four core components:

* **Lynxify:** The team behind LYNX. Lynxify is a Web3 development studio specializing in DeFi, AI agents, and blockchain infrastructure on Hedera and beyond.
* **The LYNX Protocol:** A diversified index token that puts your assets to work. Deposit a basket of crypto assets to mint LYNX, and burn LYNX at any time to reclaim the underlying tokens. Behind the scenes, treasury assets are continuously deployed into staking and liquidity pools, with rewards auto-compounded back into the vault — growing the value of every LYNX token over time.
* **The LYNX DAO:** Community-driven governance that shapes the direction of the protocol. The DAO is live and operational, with expanded controls actively in development.
* **KeyRing:** A crowdsourced multisig system that decentralizes code commits across the protocol, ensuring no single party holds unilateral control. KeyRing is Lynxify's answer to transparent, accountable team operations in Web3.