Curator
Last updated
Last updated
A Curator is the primary manager of a , where can place digital assets to share in profits.
Capital Allocation: Creating and managing orders across different markets
Risk Management: Setting appropriate parameters to protect liquidity providers
Strategy Implementation: Determining the optimal deployment of capital
Performance Optimization: Adjusting strategies to maximize returns for vault depositors
Curators have significant authority over vault operations but are constrained by the timelock mechanism and guardian oversight.
Curators have the following permissions:
The curator can:
Create new orders with whitelisted markets
Set maximum supply limits for orders
Configure initial reserve amounts
Define price curve parameters for both lending and borrowing rates (in Two-Way Range Orders)
Update existing order parameters
Redeem orders when necessary
The curator can submit (subject to timelock for acceptance):
Timelock period changes
Market whitelist additions
Performance fee rate adjustments
Additionally, the curator can:
Set vault capacity limits (maximum TVL)
Withdraw earned performance fees
Update supply and withdrawal queues (as curators also have ALLOCATOR privileges)
Curators operate under several constraints:
Timelock Delays: Most significant parameter changes require a timelock period
Guardian Oversight: The vault guardian can cancel pending parameter changes
Market Whitelisting: Curators can only create orders with pre-approved markets
Capacity Limits: The amount of assets that can be deposited is capped