# About Elara V1 Elara V1 is a decentralized, non-custodial money market protocol built on Zircuit L2. It features a unique dual-pol structure comprising a main market for major assets and satellite pools specifically designed for Liquid Staking Tokens (LSTs). Users are able to efficiently lend and borrow a diverse range of assets while benefiting from competitive rates, high capital efficiency, and enhanced risk management. Elara's algorithm-driven approach optimizes liquidity across pools, supporting ElaraVaults built on top of it to achieve maximum composability and capital utilization. By seamlessly integrating traditional assets with emerging LSTs, ElaraLend offers a sophisticated yet user-friendly platform for both passive income generation and collateralized borrowing, positioning itself at the forefront of DeFi lending innovation. To learn how to use ElaraLend, go to [User guides](/elara-v1-zircuit-mainnet/user-guide.md). For protocol-related configurations, go to [Protocol](/protocol.md). To understand underlying risks, go to [Risk management](/risk-management.md). --- # 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://learn.elara.finance/elara-v1-zircuit-mainnet/about-elara-v1.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.