Keepers
The keeper network monitors prices and triggers rebalancing events
Last updated
The keeper network monitors prices and triggers rebalancing events
Last updated
Leveraged tokens require regular rebalances to maintain their leverage factor within the target range. As a critical part of the TLX protocol, it is important that these keepers are decentralized and reliable. Therefore, TLX has partnered with using their product as its primary keeper.
The TLX leveraged tokens are composable and built to work with any keeper system, allowing for full flexibility in the future. The system is however permissioned as a security measure. A list of rebalancers is maintained in the AddressProvider which are addresses that are able to rebalance leveraged tokens. However, new keepers can be added through governance. If you are interested in building an additional keeper to help secure TLX, please reach out to the core team via .