> ## Documentation Index
> Fetch the complete documentation index at: https://docs.viva.dog/llms.txt
> Use this file to discover all available pages before exploring further.

# How pools work

> One VIVA pool per token, protocol as counterparty, and how quote backs trading vs the floor.

## One pool per token

Every VIVA token has **its own pool** on BNB Chain. Each pool:

* Holds **quote** (BNB or a supported stablecoin such as USDT).
* **Mints** tokens when you buy and **burns** them when you sell.
* Maintains a **floor price** track and a **launch-time trading curve** that does not drift with hype.
* Can track **loans**: quote you borrowed and tokens you locked as collateral.

Pools are **independent** — collateral in token A never backs token B.

## You always interact with the protocol

There is **no internal order book of other traders**. Buy, sell, borrow, and repay execute against **that token’s pool**. Depth and prices follow **pool rules**, not discretionary LPs in the same place.

## Two layers of price

1. **Floor** — a redemption track for part of supply at the **floor price**. Fee shares marked for floor support can **raise the floor** over time.
2. **Trading curve** — pricing for supply above the floor price, fixed at launch. Activity pushes **market price** along this curve.

See [Floor price and curve](/concepts/floor-and-curve) and [Economic model](/concepts/economic-model).

## Two roles for quote inside the pool (conceptual)

1. **Trading side** — backs marginal pricing and payouts along the curve.
2. **Floor side** — backs floor redemption and borrow capacity tied to the floor.

The app does not ask you to manage these buckets; the protocol routes value automatically. **Live previews win** over any doc.

## Floor vs market price

* **Market price** — what charts and trade previews emphasize.
* **Floor price** — backing track and **borrow collateral** reference.

Under normal rules, market pricing is built to stay **at or above the floor**; that is not “guaranteed profit” or “price cannot fall.”

## Borrowing in the same pool

Loans are **not** a separate DeFi app. Borrowed quote comes from pool liquidity subject to **available balance** and floor rules — see [Borrowing](/concepts/borrowing).

## What this doc skips

Low-level implementation, admin keys, and upgrade mechanics. For addresses and status, use **official announcements** and the **in-app** network indicator.