> ## Documentation Index
> Fetch the complete documentation index at: https://docs.berachain.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Curator

> Curator role: vault strategy, risk parameterization, market selection, caps, and timelock; distinct from Allocator.

A **Curator** sets a vault's strategy and risk: which markets it can use and exposure caps. Curators do not allocate day-to-day; that is the Allocator's role.

Curators choose which markets a vault can supply to and set supply caps per market. Their choices drive vault performance and risk. Most important Curator actions are **timelocked** so depositors can exit if they disagree.

## Responsibilities

* **Strategy**: Define the vault's investment thesis and which markets (or asset types) are allowed.
* **Risk**: Set and maintain exposure limits (caps) to protect depositors.

Timelocks on major changes give depositors time to react.

## Role system

Vault roles are separated:

* **Owner**: Top-level control; appoints Curator and Allocator; sets vault-wide settings (e.g. fees).
* **Curator**: Decides **what** is allowed—which markets and max exposure. Does not execute allocation.
* **Allocator**: Decides **how** to allocate within those limits (supply/withdraw queues, reallocations). Can be the `PublicAllocator` contract if the owner configures it.

Strategy and risk (Curator) stay separate from day-to-day allocation (Allocator).