> For the complete documentation index, see [llms.txt](https://docs.ammplify.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ammplify.xyz/technical-specs/liquidity-perks/strategy-yields.md).

# Strategy Yields

Strategy Yields are layers that don't have strong yield guarantees like [JIT Yields](/technical-specs/liquidity-perks/jit-yields.md), but often give higher returns or add additional yield in different ways. They are still based on borrowing liquidity and will also return the liquidity according to any curve equations like JIT Yields.

These yields are similar to what you would find from yield aggregators or vaults.  They are typically statistical arbitrages such as rate swaps or perp funding and can get pretty advanced so users are advised to do their own research before opting in.

The most important category of Strategy Yields are **passive strategies**. They deposit inactive AMM liquidity into other protocols like borrow/lending pools to layer lending yields on top of the AMM swap yield. One such strategy is [Ambient AAVE](/technical-specs/liquidity-perks/strategy-yields/ambient-aave.md).

### Format

* **Reward**: The yield it provides to utilized liquidity.
* **Utilization**: The percent of re-staked liquidity it utilizes on average. 

Unlike JIT Yields, passive strategies are always active but don't use the entire pool's liquidity. This is because it has to leave some behind in the base protocol to earn the base yield.