# Concept & Role ### Concept * **Vault** : Automates asset management across multiple pools for owner. * **Public Vault :** Specific type of vault that allows users to deposit assets in exchange for shares, representing ownership of the vault. * **Supply Asset :** The underlying token or asset provided by users or the owner for allocation across different pools. * **Vault APY** : The annual percentage yield generated by the vault, reflecting the returns from its aggregated strategies. * **Allocated Pools** : The liquidity pools that are selected for asset allocation. ### Role * **Owner :** Creator of vault. Owner can decide whitelisted liquidity pool to allocate liquidity and delegate authority for asset allocation to a designated manager. * **Liquidity Provider(Shareholders)** : Users can deposit liquidity in public vault. Liquidity providers receive pool shares proportional to their deposit, granting ownership rights to the corresponding share. * **Vault Manager :** Delegated by owner to manage asset allocation, Vault Manager is responsible for setting target weights for liquidity pools and rebalancing assets accordingly. Asset withdrawal(from the vault) is restricted to LPs. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.affluent.org/factorial-legacy/concept-and-role.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.