Manager Overview
A Manager is any wallet that has created a BSKT. As a manager, you have exclusive control over your basket's investment strategy and earn fees on assets under management.
What Managers Can Do
Rebalance
Change the basket's token allocation at any time
Emergency Stable
Convert the basket entirely to stablecoins in an emergency
Revert Emergency
Restore the basket from emergency state to its normal allocation
Claim Fees
Collect accumulated management fees
Update Notes
Publish strategy notes visible to investors on the BSKT detail page
What Managers Cannot Do
Withdraw investor funds: Only LP token holders can redeem their own share
Freeze redemptions: Investors can always exit
Mint additional LP tokens: LP supply is determined by deposits and redemptions only
This separation of powers ensures the system is non-custodial. Managers control the strategy; investors control their capital.
Manager Dashboard
Access your management dashboard via the BSKT management page. This is a separate page from the BSKT detail page, accessible only to the manager wallet. You can find a link to it in your Portfolio page and on the BSKT detail page (visible only when your manager wallet is connected). The dashboard provides:
Current allocation breakdown
TVL and performance metrics
Pending fee earnings
Rebalance and emergency controls
Manager notes editor
Management Rights as NFTs
Your manager rights are represented as an ERC-721 NFT. This means:
Management rights can be transferred to another wallet
Rights could be sold on the BSKT Marketplace (a secondary market for management positions)
Whoever holds the management NFT controls the basket
This creates a market for fund management positions. Successful managers with large AUM and strong track records hold a valuable asset.
Building Your Reputation
The Alvara platform tracks manager performance transparently:
Leaderboard ranking based on performance and AUM
Public profile showing all BSKTs you manage
Identity verification via X (Twitter) OAuth and Gitcoin Passport
Performance history across all your baskets
A strong track record helps attract more investors and can earn you more gauge weight votes (and thus more ALVA rewards for your depositors).
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