> For the complete documentation index, see [llms.txt](https://monarch-lend.gitbook.io/monarch-lend/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://monarch-lend.gitbook.io/monarch-lend/auto-vaults/vault-roles.md).

# Vault Roles

### Vault Roles

Auto Vaults use three role types from Morpho Vaults V2:

**Risk Curator (You)**

* Enable/disable markets
* Set market caps and collateral caps
* Define adapter caps
* Control all risk parameters

**Allocators**

* Automated rebalancing agents that optimize fund allocation
* Work within your defined constraints
* Different strategies available (max APY, liquidity prioritization, etc.)
* Details in the **Rebalancing Agents** section

**Guardians** *(Coming Soon)*

* Risk-reduction role that can only decrease exposure
* Monitor specific market conditions
* Emergency protection layer