> For the complete documentation index, see [llms.txt](https://docs.wandfi.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.wandfi.io/products/yield-vault-v2/user-interaction.md).

# User Interaction

1. **Users purchase PT**: PT is discounted relative to BT (Base Token) and can be redeemed 1:1 for BT upon maturity.
2. **Users purchase YT**: YT holders continuously receive yield until maturity.
3. **Liquidity Providers (LPs):** deposit a single underlying asset to provide liquidity for market-making.