# Core Concepts

- [Protocol Owned Liquidity](https://cryptodao-it.gitbook.io/c-dao/1.-overview/core-concepts/protocol-owned-liquidity.md): Protocol-Owned Liquidity (POL) means the protocol itself owns the LP tokens that enable trading — not external liquidity providers who can withdraw anytime.
- [Dynamic Balance](https://cryptodao-it.gitbook.io/c-dao/1.-overview/core-concepts/dynamic-balance.md): Inflation has boundaries. Deflation stays orderly. The system runs regardless of market mood.
- [Minting Model](https://cryptodao-it.gitbook.io/c-dao/1.-overview/core-concepts/minting-model.md)
- [Rebase Mechanics](https://cryptodao-it.gitbook.io/c-dao/1.-overview/core-concepts/rebase-mechanics.md)


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