I realized I had been thinking about managed onchain strategies too simply. I used to believe that giving a manager control over a strategy also meant giving them full control over the assets.

After spending more time understanding how @grvt_io approaches this, I noticed the permissions are separated. A strategy manager can make trading decisions, but withdrawals remain outside their control. That design made me think more carefully about how trust can be limited without removing the manager's role.

In my opinion, this is a meaningful improvement, but it does not eliminate investment risk. Better custody protection cannot guarantee better trading decisions. Investors still need to evaluate the person behind the strategy as much as the technology itself.

What is the biggest factor for you in managed onchain strategies?

$EVAA $BSB $HEI #grvt #grvt