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

# 🧠 Concepts

- [Risk Score](https://docs.raxprotocol.xyz/concepts/risk-score.md)
- [Exposure vs Allocation](https://docs.raxprotocol.xyz/concepts/exposure-vs-allocation.md)
- [Risk-Adjusted Yield](https://docs.raxprotocol.xyz/concepts/risk-adjusted-yield.md)