🌊Curator
A Curator is the primary manager of a vault, where depositors 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.
Curator Permissions
Curators have the following permissions:
Order Management
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
Parameter Management
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)
Curator Constraints
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
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