Index Parameter Changes
How fund-level rules and structures can evolve through controlled governance actions.
Each OLTA index fund is governed by a specific set of rules, including asset eligibility, weighting methods, and rebalancing logic. These parameters are initially defined at fund creation, but may be updated over time via governance, using clearly scoped proposals and transparent execution paths.
Parameters That Can Be Adjusted via Governance
Asset Inclusion/Exclusion
Add or remove assets from a fund’s index based on eligibility criteria
Weighting Model
Shift from cap-weighted to equal-weighted, or apply custom strategies
Weight Cap / Floor Rules
Adjust minimum or maximum allocation per asset
Rebalancing Frequency
Modify how often the fund’s weights are recalculated (e.g., monthly vs. quarterly)
Risk Metrics Thresholds
Update CVaR caps, tracking error limits, or drawdown tolerances
Smoothing Windows
Change the TWAP/VWAP timeframes used for price inputs
Fee Settings (Fund-Level)
Adjust minting, redemption, or streaming fees for a specific fund
Proposal Requirements
Must clearly state the target fund (e.g.,
IRT-DeFi-Low-Vol)Must define the exact parameter to be changed and the new proposed value
Optionally include rationale and supporting data (e.g., volatility, TVL, asset performance)
For certain proposals, governance may require that voters hold a minimum quantity of the relevant IRT (e.g., ≥0.1% of supply at snapshot). This eligibility rule is optional and event-based, applied only when the nature of the proposal directly affects a specific fund.
Execution Considerations
Changes are enacted via smart contracts and published to the fund’s onchain configuration
A time delay applies before execution (e.g., 48h)
Updated fund parameters are reflected in the public Fund Factsheet
Index-level governance ensures that OLTA funds remain adaptive to market conditions, while preserving transparency and structured decision-making.
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