Overview
Last updated
Last updated
The Rethink protocol is a peer-to-contract asset management system that facilitates the creation and management of OIVs on the EVM networks. It combines established and reliable smart contracts with a robust approach to net asset value (NAV) calculation, all cohesively presented through an intuitive and user-friendly experience.
Rethink Safe Module is a set of smart contracts that add functionality to the Safe Protocol while separating module logic from Safe's core contracts. It enables settling deposit and redemption requests at fair net asset value (NAV) with automated fees.
Safe is a modular account abstraction stack with a battle-tested core, securing over $100B of digital assets. It demonstrates exceptional proficiency in securely managing all underlying positions within an OIV.
Rethink OIVs are compatible with alternative governance standards (including optimistic governor contracts or standard multisig).
By leveraging governance OIVs offer a streamlined and secure process for decision-making, tailored to meet the unique asset management needs. This approach ensures security and integrity of collective decisions made to support sophisticated and decentralized asset management.
This framework allows for the precise definition and assignment of manager roles within the organizational structure. Each manager role is empowered with specific permissions, carefully tailored to enable them to interact independently with approved positions. This setup facilitates efficient and autonomous management of various tasks and responsibilities. Simultaneously, it ensures that all actions remain under the umbrella of governance oversight, maintaining a balance between operational efficiency and stringent governance control.
Rethink dApp is an intuitive user interface for deployers, depositors, and managers.
Depolyers can deploy all relevant smart contracts that together enable OIVs (Rethink Fund Contract, Rethink NAV Calculator Contract, Safe Custody Contract, OZ Governor Contract, and Zodiac Roles Modifier).
Depositors can find an OIV, learn about its investment strategy, understand its performance, view its positions, participate in governance, verify OIV parameters and delegated permissions on-chain, and request deposits and redemptions.
You can find a detailed overview of all the mentioned contracts on the Architecture page.
Managers and depositors (or their delegates) can create on-chain proposals to:
Delegate scoped permissions to managers
Accept NAV calculation methods
Change OIV settings (E.g. fees)
Execute a raw transaction (interact with any contract/address)
Zodiac Pilot is a Chrome extension that allows users to interact with third-party protocols through their existing decentralized applications (dApps) on behalf of an OIV.
It provides the functionality to simulate, record, and conduct multiple dApp transactions simultaneously. For Managers with the necessary permissions, Zodiac Pilot offers the capability to batch execute these transactions efficiently. Alternatively, for users who do not possess such permissions, Zodiac Pilot facilitates the creation of proposals within an OIV, enabling them to participate in the governance process.
