# Strategy manager

Each vault is managed by a strategy manager that is authorized to configure a set of parameters.&#x20;

Flype’s DAO vaults strategy team is led by a former EY financial analyst and a PHD Mathematician.&#x20;



#### Strategy managers are restricted to executing the following actions:

1. Alter Uniswap V3 position price range.
2. Execute swaps for implementing the new price range.

Strategy managers can set a commission on fees earned from all liquidity under their management.

The vaults managed by Flype DAO are set to 7.5% commission on fees earned from liquidity under their management. Strategy execution is handled by Gnosis multisig safe.

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