All the decisions regarding the execution and positioning of trades don’t come under governance. Also, the asset management fees, protocol fees and treasury distribution cannot be changed by governance proposals. This activity will take place at the sole discretion of the asset management team.
Governance holds the power to update, improvise, and alter any operation that can benefit the protocol to grow in a faster, better way. These operations can be on the growth initiatives front or changes to treasury utilization. Apart from this, governance can help initiate integrations with projects that the community feels can be beneficial. The asset list of tokens being traded will be set from the start and can be changed if an improvement proposal is passed.