Strategies

Strategies form the basis of how tokens are distributed based on the registered adapters. Using a vault-specific funds-allocator smart contract, anyone can propose new strategies to optimize the current vault offering. We follow an optimistic governance principle in which a strategy can only be rejected by guards, which are set by the contract owner. This allows everyone to suggest a better strategy. If there are no votes against the strategy after a prescribed time window, it can be activated. There’s an optional incentive to grant a strategist a certain share of the profits generated within the active period of their strategy that are claimable from the Adapter vault.