Administrator or Managers

Protocol Level:

Definition: Administrators or managers at the protocol level are individuals or teams tasked with the day-to-day operations, maintenance, and governance of the tokenization protocol.

Explanation: These roles involve a wide range of responsibilities, including technical maintenance (upgrading smart contracts, ensuring network security), regulatory compliance, community engagement, and overseeing the performance and security of the protocol. Administrators or managers often play a critical role in executing the strategic vision laid out by the protocol owner and facilitating smooth interactions between various stakeholders.

Liquidity Pool Level:

Definition: Administrators or managers at the liquidity pool level are responsible for the operational management and maintenance of individual liquidity pools.

Explanation: These roles include monitoring pool performance, managing liquidity provision, enforcing collateral and risk management policies, and ensuring that pool operations adhere to the broader protocol’s rules and guidelines. Managers at this level also handle the interface with liquidity providers, ensuring their interests are protected and that they receive accurate and timely rewards. They may also be involved in resolving disputes and handling defaults or liquidation processes if borrowers fail to meet their obligations.