<?xml version="1.0" encoding="UTF-8"?>
<urlset xmlns="http://www.sitemaps.org/schemas/sitemap/0.9">
  <!-- Core Pages -->
  <url>
    <loc>https://www.waterfallone.com/</loc>
    <changefreq>weekly</changefreq>
    <priority>1.0</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/features</loc>
    <changefreq>monthly</changefreq>
    <priority>0.9</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/pricing</loc>
    <changefreq>monthly</changefreq>
    <priority>0.9</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn</loc>
    <changefreq>weekly</changefreq>
    <priority>0.8</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/contact</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/support</loc>
    <changefreq>monthly</changefreq>
    <priority>0.5</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog</loc>
    <changefreq>weekly</changefreq>
    <priority>0.7</priority>
  </url>

  <!-- Knowledge Center Articles -->
  <url>
    <loc>https://www.waterfallone.com/learn/creating-your-first-asset</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/running-a-distribution</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/understanding-waterfall-tiers</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/importing-investors-via-csv</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/voiding-and-correcting-distributions</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/recording-capital-events</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/configuring-fees</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/bulk-distributions</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/reading-the-audit-trail</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/waterfall-templates-library</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/individual-investor-pages</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/custom-permissions</loc>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/onboarding</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/learn/configuring-your-waterfall</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.7</priority>
  </url>

  <!-- Blog Posts -->
  <url>
    <loc>https://www.waterfallone.com/blog/waterfall-mistakes-spreadsheet</loc>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/american-vs-european-waterfalls</loc>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/excel-waterfall-breaks-at-scale</loc>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/what-auditors-want-distribution-records</loc>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/cost-of-manual-waterfall-calculations</loc>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/preferred-return-compounding</loc>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/gp-catch-up-waterfall</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/clawback-provisions</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/mid-fund-investor-waterfall</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/xirr-vs-irr-waterfall</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/side-letters-waterfall</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
  <url>
    <loc>https://www.waterfallone.com/blog/year-end-true-up</loc>
    <lastmod>2026-04-02</lastmod>
    <changefreq>monthly</changefreq>
    <priority>0.6</priority>
  </url>
</urlset>
