CONTRACTS

Contract Philosophy

Why non-upgradeable and ownerless? Guarantees for developers.


Ivy's V2 contracts are designed around two principles. This gives concrete guarantees to developers building on top.

#Non-upgradeable

The contracts are not proxy/UUPS. Once deployed, the logic does not change. Behaviour cannot be quietly updated one day.

#Ownerless

There is no privileged owner key. Fees are constant and parameters are immutable. Nobody, including the team, can seize funds or change the rules unilaterally.

#What does this give you?

  • Predictability. The fee you read today is the same tomorrow; your integration does not break.
  • Trust. You can tell your users the rules will not change, because technically they cannot.
  • Independence. You do not depend on an Ivy API or on permission; you use the chain directly.

#The one exception: moderation

The single exception is the delist-only moderator on the NFT marketplace (a Safe multisig). It can only remove unlawful content from listings; it has no access to funds or fees.

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Contract Philosophy · Ivy Developers · Ivy