# Rethinking Vaults rethink.finance vaults are non-custodial pooled investment vehicles designed for on-chain asset and treasury management. They enable flexible deposits and redemptions and are governed through on-chain mechanisms defined at the vault level. To achieve operational efficiency, vaults may delegate scoped permissions for any transaction to: * Human managers * Automation scripts * AI agents This delegation model allows asset managers and collaborators to define clear execution boundaries while maintaining non-custodial control. Vaults are designed to support a wide range of position types across all EVM-compatible networks. {% hint style="info" %} More information: [Integrations](https://docs.rethink.finance/rethink.finance/getting-started/integrations) {% endhint %} Net asset value (NAV) calculation is automated and performed on-chain, enabling transparent accounting and consistent reporting across strategies, without reliance on third-party administrators, centralized APIs, or off-chain services that introduce operational or denial-of-service risk. {% hint style="info" %} More information: [NAV Calculator Contract](https://docs.rethink.finance/rethink.finance/protocol/nav-calculator-contract) {% endhint %} Vaults can technically operate without a manager and execute any transaction through governance. The infrastructure is governance framework agnostic, but our frontend currnetly supports the OZ Governor. Stakeholders can choose to: * Use LP tokens representing custody as governance tokens * Use any legacy ERC-20 as governance tokens * Trust multisg signers to govern the vault (not recommended for most use cases) Fees for deposits, redemptions, performance, and management are optional, automated, and upgradeable through governance. --- # 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.rethink.finance/rethink.finance/getting-started/rethinking-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.