Governance
A small set of roles operates the protocol. Each is listed here with what it can do and what it cannot.
may change contract parameters: open-interest caps, position limits, rebate coefficients, the floor ratio and market listings. Every change goes through a timelock and is visible on chain before it takes effect.
may resume position openings after a pause.
may pause new openings across all markets, and may permanently delist a market.
may run the liquidation sweep and process the deposit queue, call harvest to settle queued claims in order, and restore a paused market once an oracle is valid again.
fetches and signs oracle prices; the contract validates every signature.
pays gas and batches user-signed orders. It is optional; anyone can submit directly.
What no role can do
- Reverse, cancel or edit a trade.
- Freeze an account or move a user's balance.
- Mint TLP to itself or anyone else outside the rebate and deposit rules.
- Set the equity per share, the rebate rate or the floor price by hand.
- Pay redemptions ahead of queued winners.
Governance
A small set of roles operates the protocol. Each is listed here with what it can do and what it cannot.
may change contract parameters: open-interest caps, position limits, rebate coefficients, the floor ratio and market listings. Every change goes through a timelock and is visible on chain before it takes effect.
may resume position openings after a pause.
may pause new openings across all markets, and may permanently delist a market.
may run the liquidation sweep and process the deposit queue, call harvest to settle queued claims in order, and restore a paused market once an oracle is valid again.
fetches and signs oracle prices; the contract validates every signature.
pays gas and batches user-signed orders. It is optional; anyone can submit directly.
What no role can do
- Reverse, cancel or edit a trade.
- Freeze an account or move a user's balance.
- Mint TLP to itself or anyone else outside the rebate and deposit rules.
- Set the equity per share, the rebate rate or the floor price by hand.
- Pay redemptions ahead of queued winners.