> For the complete documentation index, see [llms.txt](https://metera-protocol.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://metera-protocol.gitbook.io/documentation/content/metera-platform-v.1-overview/features.md).

# Features

**V.1 features:** 

* **MTK Creation and Management**:
  * Funds Manager (FM) after proposing the strategy and approved by the Metera DAO, creates a new MTK with chosen tokens and their weights.
  * FM sets exit **∧/∨** entry fee. 
  * FM sets the initial supply amount to be minted upon MTK creation and must provide first liquidity to their MTKs. **At least a total of ₳10,000 in underlying assets are needed.** 
  * Once the MTK is created, FM can update it settings, including target weights for tokens, in order to rebalance it. 
* **Interactions with the MTK**:
  * Users can deposit or withdraw tokens by placing orders.
  * Orders are processed sequentially by the batcher.
  * FM orders have priority over user orders and are processed immediately upon submission.
  * A Fee is charged to the users by the FM in deposits **∧/∨** withdrawals, paid in MTKs when orders are processed.
  * A Fee is charged to the users by the Protocol, named "Protocol fee". 
  * Fund manager fees are accrued and stored in a fee vault for the later collection by the FM.
* **Order Processing**:
  * Deposit assets, are allocated into the MTKs, and new MTK tokens are minted as a result.
  * Withdrawals involve burning MTK and paying out tokens from the MTK.
  * When canceling an order before processing, users will receive 100% of their assets.
* **Portfolio Rebalancing**:
  * Fluctuations in asset prices or changes in target weights may lead to portfolio imbalances.
  * User deposits and withdrawals are calculated in such a way that orders always approximate current weights to the target weights indicated by the FM.
  * FM can place update orders to adjust target weights and rebalance the portfolio.
* **Fee Collection**:
  * FM can initiate a collect order to claim accumulated fees in the portfolio.
  * Once processed, fees are paid out to the FM's address.

*\*\*\* Please keep in mind this document is a work in progress, things may change as the project evolves \*\*\**<br>