> For the complete documentation index, see [llms.txt](https://pool-party-xyz.gitbook.io/pool-party-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pool-party-xyz.gitbook.io/pool-party-docs/pool-party-v2-docs/for-managers/responsibilities-and-limits.md).

# Responsibilities & limits

This page sums up what you can and cannot do as a manager, and what is expected of your conduct.

#### **What you can do**

* Set the pool's mandate (once, at creation).
* Allocate and rebalance within the mandate, through adapters.
* Configure the performance fee (10% to 90%).
* Operate the pool yourself. (Operating with an AI agent is coming soon.)
* Choose to be publicly identified.

#### **What you cannot do**

* Hold or withdraw user assets. Custody always stays with them.
* Act outside the mandate. The contract prevents it.
* Change the mandate after it is created.

#### **Conduct**

* Do not promise returns, do not downplay risk, do not create artificial scarcity.
* Do not give investment advice. Present the strategy and the facts; the decision is each user's.

{% hint style="info" %}
Pool Party does not endorse any manager or strategy. Your identification, if any, comes from you and is not an endorsement by the platform.
{% endhint %}


---

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