> For the complete documentation index, see [llms.txt](https://curator.docs.spectra.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://curator.docs.spectra.finance/becoming-a-curator/operational-responsibilities.md). # 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.