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Role of TC after token graduation
After 10 days of Migration:
TCs get Pool Manager rights(Only if GenieDEX are enabled) and can adjust 2 parameters;
Half time: Set to 7d by default. Function: Funding rate decay parameter for position rebalancing Purpose: Controls how quickly funding rates equilibrate positions Impact: Shorter half-time = more aggressive funding adjustments
Adjust Rate: Set to 5% by default. Function: Speed of price reference adaptation to oracle price Purpose: Balances responsiveness vs stability in price tracking Impact: Higher rates = faster oracle price adaptation
(Check Pool Manager role under perps for a deep dive)