On-chain mandates are rules or instructions encoded directly into a blockchain protocol’s smart contracts, which automatically govern specific actions or behaviors within the network. These mandates are executed without human intervention once predefined conditions are met. They ensure transparent and immutable enforcement of protocol rules.
Context
On-chain mandates are central to the operational integrity and governance of many decentralized applications and blockchain networks. News often covers proposals for altering these mandates, requiring community consensus through voting mechanisms. The design and implementation of effective on-chain mandates are critical for maintaining network stability and achieving decentralized objectives.
Vaults V2 provides a compliant, noncustodial architecture for institutions to access decentralized yield, optimizing capital efficiency with auditable on-chain mandates.
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