> For the complete documentation index, see [llms.txt](https://docs.yam.finance/yam/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.yam.finance/yam/projects/treasuries.md).

# Treasuries

Yam Treasuries is the investment arm of the Yam treasury. The investment objective is to achieve long term capital appreciation and minimize risk in order to support growth and development of the Yam Ecosystem. YDS is an active management system of the investment arm through a collaboration with SetProtocol. This will allow a more dynamic allocation of assets with better risk handling and analysis without loss of decentralization. YDS will be utilizing DeFi yield generating strategies from yielding stablecoins to yield farming to revenue staking.