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

# Documentation

- [Introduction](https://liquidestate.gitbook.io/docs/documentation/introduction.md)
- [Market Context](https://liquidestate.gitbook.io/docs/documentation/market-context.md)
- [Product](https://liquidestate.gitbook.io/docs/documentation/product.md)
- [Real Estate](https://liquidestate.gitbook.io/docs/documentation/real-estate.md)
- [Real Estate Integration](https://liquidestate.gitbook.io/docs/documentation/real-estate-integration.md)
- [Property Purchase Flow](https://liquidestate.gitbook.io/docs/documentation/real-estate-integration/property-purchase-flow.md)
- [Rent Distribution Flow](https://liquidestate.gitbook.io/docs/documentation/real-estate-integration/rent-distribution-flow.md)
- [Property Exit Flow](https://liquidestate.gitbook.io/docs/documentation/real-estate-integration/property-exit-flow.md)
- [Legal Ownership Structure](https://liquidestate.gitbook.io/docs/documentation/real-estate-integration/legal-ownership-structure.md)
- [Operational Responsibilities](https://liquidestate.gitbook.io/docs/documentation/real-estate-integration/operational-responsibilities.md)
- [Jurisdictions & Expansion](https://liquidestate.gitbook.io/docs/documentation/real-estate-integration/jurisdictions-and-expansion.md)
- [Architecture](https://liquidestate.gitbook.io/docs/documentation/architecture.md)
- [Tokenomics](https://liquidestate.gitbook.io/docs/documentation/tokenomics.md)
- [1. $leLIQD — Liquidity Engine](https://liquidestate.gitbook.io/docs/documentation/tokenomics/1.-usdleliqd-liquidity-engine.md)
- [2. $LE – Protocol Token](https://liquidestate.gitbook.io/docs/documentation/tokenomics/2.-usdle-protocol-token.md)
- [3. Property Tokens — Real Assets, Real Yield](https://liquidestate.gitbook.io/docs/documentation/tokenomics/3.-property-tokens-real-assets-real-yield.md)
- [Estate Points (ePoints)](https://liquidestate.gitbook.io/docs/documentation/estate-points-epoints.md)
- [Referral System](https://liquidestate.gitbook.io/docs/documentation/referral-system.md)
- [Risks](https://liquidestate.gitbook.io/docs/documentation/risks.md)
- [FAQ & Glossary](https://liquidestate.gitbook.io/docs/documentation/faq-and-glossary.md)