# Layer 2: zVaults ## The Technology Layer Built upon this legal substrate is the zVaults technology layer, which consists of specialised, ERC-20 compliant interest-bearing vehicles. These vaults function as tokenised fund shares where the token price appreciates to reflect the accumulated yield from professionally managed strategies across Real-World Assets (RWA), PayFi, and DeFi. Unlike "gambling baskets," each zVault is strictly limited to a curated strategies and risk tier to maintain strategic coherence and operational efficiency. To ensure institutional-grade security, all vault assets are held in Multi-Party Computation (MPC) wallets, and independent administrators provide biweekly NAV (Net Asset Value) updates via decentralized oracles --- # 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.zoth.io/zoth/the-hierarchical-architecture/layer-2-zvaults.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.