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

# Theory

- [Value Function](https://celestiadao.gitbook.io/celestiadao/celestiadao/theory/value-function.md)
- [Spot Price](https://celestiadao.gitbook.io/celestiadao/celestiadao/theory/spot-price.md)
- [Effective Price](https://celestiadao.gitbook.io/celestiadao/celestiadao/theory/effective-price.md)