> For the complete documentation index, see [llms.txt](https://docs.arafi.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.arafi.app/product-suite/aassets-ara-wrapped-assets.md).

# aAssets (Ara wrapped assets)

Our main method for governance “black holing” is through the minting of aAssets.&#x20;

Initially the protocol will focus on the following assets:

* Hermes and veHermes
* Maia

## Minting aAssets

* Users may deposit Hermes, bHermes, or Maia into AraFi which will then lock these assets forever as bHermes, and vlMaia respectively.
* The protocol returns a tokenized version of the assets as an aAsset ie. aHermes, and aMaia.
* bHermes will be converted to aHermes at a variable rate determined by market conditions.

## Staking aAssets

* Through aAssets, users can gain exposure to maximum-locked rewards without the need to lock their tokens. By utilizing a liquid staking derivative, users can easily liquidate their aAsset position for the corresponding underlying token at any time. *As the representative token is LP bound there may be variance from a 1:1 value.*
* Users can stake their aAssets on our platform to receive the maximum-locked fees and single-stake rewards of their respective platforms, as well as ARA emissions.<br>

## aAssets Liquidity Pool

* We will initially seed the aAssets liquidity pools, in order to make these assets liquid from the get go.
* Part of the fees the protocol charges on yield will be directed towards bolstering these pairs.
* Bribes will also be utilized as a cost effective method to build liquidity and direct Hermes emissions to these pairs.
