# Fund Operations

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## Fund Operations

Once your fund is live, you manage it through the Rayze dashboard. This page covers what you can do as an Admin.

### Configuring your fund

**Set minimum buy-in.** Define the minimum USDC deposit required to request membership. This filters out small allocations and sets expectations for contributors before they apply.

**Set lock-up period.** Define how long contributors must remain in the fund before they can withdraw. This protects active strategies from short-term capital flight during volatile periods.

Both parameters can be updated after launch through governance proposals.

### Managing members

**Accept or deny requests.** When a contributor requests to join, their USDC sits in the Limbo Vault for up to 96 hours. You review the request and approve or deny. Denied deposits are returned automatically.

**Promote members.** You can promote any Member to Admin through a governance proposal. Admins gain execution authority over the treasury and the ability to manage fund configuration. This is not reversible through a simple toggle - role changes follow the fund's governance process (e.g, promotion of a member may require a governance vote by other Admins).

### Allocating capital

**Allocate to protocol vaults.** Move capital from the main treasury into isolated vaults, each connected to a specific venue or strategy. Vaults operate under independent policy constraints - allocation limits, drawdown thresholds, and protocol whitelists - that cannot be overridden once set.

You can run multiple vaults concurrently with independent performance tracking.

### Trading

**Trade tokens.** Swap any ERC-20 directly from the fund treasury.

**Trade perpetuals.** Open and manage positions on Hyperliquid through the fund's dedicated subwallet.

**Trade prediction markets.** Take positions on Polymarket from the fund treasury.

**Deploy to lending.** Allocate capital to Aave lending markets.&#x20;

All trades route through the fund's execution layer. Every action is recorded onchain and visible to all fund members in real time.


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