# Types of Strategies

YODL supports multiple execution strategy types, enabling Operators to participate in listed, verified strategies or run their own proprietary logic while remaining fully integrated with YODL’s infrastructure.

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#### **1. Listed Strategies**

Listed Strategies are officially approved by the YODL DAO and appear in the Strategy Marketplace (coming soon).\
Operators can subscribe to these strategies and execute them through their Operator Binary without modifying core logic.

**Subscription Model:** Listed strategies operate on a one-year subscription basis.

**Strategy Publishers:** Strategy Publishers are independent developers or institutions that design, test, and propose strategies for DAO approval.\
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Once listed, they earn subscription fees paid by Operators who opt into their strategy.

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To ensure plug-in uptime, they provide a performance bond in $YODL, which may be partially reduced if the strategy becomes unavailable or violates publishing requirements.
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**Operator Relationship:** The relationship between a Strategy Publisher and an Operator is independent and self-managed. If an Operator identifies unfair conduct or a breach of good faith, they may propose to blacklist a Strategy Publisher. The DAO will evaluate the proposal and may reduce the Publisher’s standing or revoke listing privileges if the claim is validated.

**Integration:** Listed strategies plug directly into the Operator Binary through API connections, sharing off-chain parameters such as price levels, token pairs, and liquidity amounts. Strategies do not need to be open source; Operators may independently verify their logic and performance.

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#### **2. Unlisted (Private) Strategies**

Unlisted strategies are proprietary and developed solely by Operators.\
They are not subject to DAO approval, subscriptions, or external revenue sharing.

Operators may build custom execution logic within their Operator Binary using languages such as Go or JavaScript and integrate the[ Settlement Relayer ](/technical-components/settlement-relayer.md)API endpoint to transmit price and liquidity data.\
All ownership, performance, and intellectual property rights remain with the Operator.

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Listed Strategies can be used by any whitelisted Operator through subscriptions.\
Unlisted Strategies remain exclusively owned and operated by the Operator who develops them.
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