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Guardian and team operations ​

What the guardian can pause, and what the team runs directly without the timelock, posted in public.

What each role can and cannot do
Guardian
  • Pause new License and Printer sales in an emergency, reason posted within an hour
  • Pause redemptions, esUNITED actions or claims
  • Move funds
  • Change any parameter
Contraction Vault
  • Use it by hand to buy UNITED and add liquidity to the pool
  • Sell UNITED
  • Remove liquidity
Reserve Vault
  • Buy and hold tokenized assets, starting with gold
  • Touch liquidity or team income
Incentive Vault
  • Fund future rewards and daily check-in airdrops in UNITED
  • Touch the ETH vaults, liquidity or team income
Team income
  • Withdraw 10% of License ETH and its 30% tax share
  • Anything else
All of these act immediately, without the timelock. Every action is posted with a reason.

The guardian ​

  • Pauses new License and Printer sales in an emergency: an exploit, a broken oracle or a compromised frontend.
  • Posts the reason within an hour.
  • Cannot pause redemptions, esUNITED actions or claims, move funds, or change any parameter.
  • The governor can retire the guardian for good.

Team income ​

SourceSharePaid in
Every License and Fractional License sale10%ETH
Every trading tax30%ETH
  • The team holds no UNITED allocation.