Admin Access

How Decentralized is BetterBank?

BetterBank and its team balances the need for Security through Decentralization and Security through Adaptability. On the one hand, we make sure that even admin access to protocol contracts does not mean access to investor funds. On the other hand we make sure that we can keep innovating and respond to the market. Also, we're the first protocol of its kind, so we must leave margin for error in our design, and keep the access to update security and efficiency.

Consequently, we keep full access to all of our own code. However, since part of the used code is Aave v3, not all of the protocol is our own code. The Aave v3 code has settings that the admin can access, though. This chapter clarifies what we can and can't do, and how safe we are in case of malevolent access.