> For the complete documentation index, see [llms.txt](https://smilee-finance.gitbook.io/arbitrum-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smilee-finance.gitbook.io/arbitrum-docs/protocol-design/decentralization-roadmap.md).

# Decentralization Roadmap

Smilee is a brand new protocol that enables previously impossible strategies in DeFi.

Given its complexity and experimental nature, it has been struck a balance between **decentralization** and **the possibility to counteract unforeseen issues**.

This translates into having some **financial parameters** and **peripheral smart contracts** that can be updated.  At the same time, to **ensure adequate decentralization and users' protection**, Smilee has put in place:

* Strong Role-based Access Control (RBAC) rules.
* Strict time lock and cap / floor values.

Furthermore, Smilee will follow a **gradual decentralization roadmap** based on three stages:

* Stage 1, protocol launch & initial growth: RBAC roles are managed by the core team.
* Stage 2, protocol scaling: RBAC roles are assigned to the DAO.
* Stage 3, protocol maturity: the DAO can renounce to all or some RBAC roles, effectively making the smart contracts immutable.