🔐Access Control

Certain Parameters can adjusted by the Controller, which is currently under the Multisig's control

• Setting of swap and margin trading fees up to a maximum of 5%

• Setting of token weights for the MLP pool, token weights affect the dynamic fees of swaps, these fees are such that a swap which increases the balance towards the specified token weight will be lower, while a swap that moves the token weight away from the desired amounts will have higher fees, the details of the calculation can be found from Vault.vaultUtils.getSwapFeeBasisPoints

• Pausing of swaps or leverage trading for emergency use

• Setting of the maximum allowed leverage

• Setting of maximum total capacity for long and short positions

Parameters that can be adjusted by a Timelock controlled by the team:

• Listing of new tokens

• Updating Vault.priceFeed

• Updating Vault.vaultUtils, the VaultUtils contract validates the opening and closing of positions and also specifies how fees are calculated

• Updating of gov values