> For the complete documentation index, see [llms.txt](https://docs.botanixlabs.com/bitcoin-yield/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.botanixlabs.com/bitcoin-yield/technical-details.md).

# Technical details

- [Yield generation mechanism](https://docs.botanixlabs.com/bitcoin-yield/technical-details/yield-generation-mechanism.md): A technical explanation of how Bitcoin Yield generates returns through transaction fees on the Botanix network. This page details the fee distribution system, compounding effects, and the connection t
- [Exchange rate calculations](https://docs.botanixlabs.com/bitcoin-yield/technical-details/exchange-rate-calculations.md): Dive into the mathematics behind the stBTC/BTC exchange rate. This page explains how the protocol calculates the value of stBTC, with examples and visualizations to help you understand how your yield