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

# How it works

- [Protocol Launch](https://token-strategy.gitbook.io/eth-strategy/how-it-works/publish-your-docs.md): Token Strategy Labs, Inc. hopes to launch ETHSR in as fair a manner as possible and pass over as many functions to the DAO as soon as possible.
- [Growth Mechanisms](https://token-strategy.gitbook.io/eth-strategy/how-it-works/quickstart.md): The ETH Strategy DAO will run various strategies to accrue more ETH for the treasury and ETHSR holders. Ultimately it is up to the DAO which paths to go down.
- [Smart Contract Convertibles](https://token-strategy.gitbook.io/eth-strategy/how-it-works/smart-contract-convertibles.md): ETH Strategy DAO raises funds by issuing onchain convertibles, which are structured as follows
- [ATM Offerings](https://token-strategy.gitbook.io/eth-strategy/how-it-works/quickstart-1.md): If ETHSR trades at a premium to NAV, new tokens are sold at the market price. Proceeds are used to acquire more ETH.
- [Staking](https://token-strategy.gitbook.io/eth-strategy/how-it-works/quickstart-2.md): The DAO can opt for ETH in the ETHSR treasury will be staked to ensure that ETHSR holders earn staking rewards for the treasury.
- [Other Mechanisms](https://token-strategy.gitbook.io/eth-strategy/how-it-works/quickstart-3.md)
- [Redemptions](https://token-strategy.gitbook.io/eth-strategy/how-it-works/redemptions.md): If ETHSR trades at a discount to NAV, holders can vote to redeem ETH.
- [Terms of Service](https://token-strategy.gitbook.io/eth-strategy/how-it-works/terms-of-service.md)