# Understanding vaults {% hint style="warning" %} This page is under construction {% endhint %} The vaults smart contracts are under [this repository](https://github.com/mangrovedao/mangrove-vault/tree/main). They have been audited by Nethermind and cantina and are a way to manage a concentrated liquidity position on behalf of users. These vaults take full advantage of the flexibility of Mangrove by depositing funds to whichever protocol of choice, instead of keeping the underlying. Existing integrations include AAVE and ERC4626 vaults. --- # 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.mangrove.exchange/dev/vaults/understanding-vaults.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.