Operational Responsibilities

Curators manage liquidity on behalf of users through a secure, permissioned setup and are accountable for the vault’s performance and its exposure across underlying pools.

Daily Operations & Asset Management

Yield Optimization

• Claim YT yield regularly to compound returns within the vault

• Monitor and optimize yield-generating strategies across all deployed positions

Market Analysis & Risk Management

• Conduct thorough pricing analysis before depositing into pools to minimize impermanent loss

• Implement appropriate slippage protection when interacting with markets to safeguard user assets

• Monitor market conditions and news about underlying strategies, exiting at-risk positions when necessary

Portfolio Management

• Continuously monitor the state of all markets where assets are deposited

• Maintain strategic alignment and rebalance positions when market conditions require

• Adapt strategies based on changing market dynamics and risk profiles

Pool Management & Yield Continuity

Curators are responsible for actively managing the MetaVault’s underlying pool composition to ensure continuous yield accrual and smooth rollover between fixed-term markets.

MetaVaults rely on a dynamic set of Spectra pools — each with its own maturity date, liquidity depth, and implied yield. The curator oversees these moving parts to maintain uninterrupted user exposure.

Key responsibilities:

• Monitor pool expiries: Track upcoming maturity dates across all active pools and plan rollovers in advance.

• Create new pools when necessary: Curators may either tap into existing pools deployed by other users or create new Spectra markets anytime via the permissionless Pool Creator

• Oversee new pool inclusions: Evaluate new Spectra markets or network deployments and determine when to integrate them into the vault’s allocation.

• Execute efficient rollovers: Reallocate matured liquidity into newly opened pools promptly to avoid idle capital and maintain continuous yield accrual.

• Assess yield differentials: Compare Base vs. Implied APY across available pools to identify optimal rollover targets.

• Preserve user yield continuity: Ensure that depositors experience no gaps in yield generation before, during, or after maturity transitions.

• Coordinate with Spectra & Merkl: Verify that new pool integrations are properly whitelisted and reward forwarding is configured for the vault.

Goal: Maintain uninterrupted yield flow and stable liquidity depth — ensuring the MetaVault’s TVL compounds seamlessly across pool cycles.

Pre-Settlement Preparation

Take proactive steps to honor all redemptions within the predefined settlement time window

• Anticipate upcoming net redemption amounts and prepare appropriate liquidity

• Ensure the Safe contains sufficient underlying assets before each vault settle() call

Strategy Adherence & Thematic Integrity

Curators must operate in alignment with the vault’s stated strategy as presented in its public-facing MetaVault description.

• Avoid speculative or high-volatility strategies that contradict the stated profile (e.g., degen plays under a “risk-adjusted” vault, or altcoin exposure under a “majors-only” mandate)

• Ensure all underlying markets and integrations remain consistent with the vault’s advertised asset scope

• Communicate any material strategy shift to Spectra and the curator's community or partners prior to execution, allowing updated disclosures before changes take effect

In short: users deposit based on a vault’s promise. Curators are responsible for ensuring every position, market, and yield source reflects that promise.