Inside Feat: Add Admin Function To Update The Protocol
What if the very contract meant to manage fees canât change where those funds go? Thatâs the hidden risk in todayâs automated trade infrastructure. Right now, once deployed, the protocol fee recipient is locked to the deployerâs address - no flexibility, no safety net. As TradeFlow evolves toward treasury-based fee collection, this rigidity threatens long-term trust and compliance.
This isnât just a technical update - itâs a cultural shift. Users expect transparency and control, especially in decentralized finance where accountability matters. Integrating an Admin-only update function turns a vulnerability into a safeguard, letting trusted operators redirect fees securely.
But here is the deal: only authorized Admins should hold this power. A strict require_auth() layer ensures no accidental or malicious changes.
The function itself sets fee_recipient in storage and fires a FeeRecipientChanged event - detailing old and new addresses - so every move stays traceable.
- [ ] Create
update_fee_recipient(new_recipient: Address)withrequire_auth(). - [ ] Update storage using
storage.fee_recipient = new_recipient. - [ ] Emit
FeeRecipientChanged(old: address, new: address). - [ ] Add role-based access checks to prevent leaks.
- [ ] Log actions for audit trails and compliance.
- [ ] UI should clearly show recipient changes with confirmation prompts.
- [ ] Test edge cases: expired roles, invalid addresses, concurrent updates.
- [ ] Document the functionâs purpose for onboarding new Admins.
- [ ] Communicate changes proactively - transparency builds confidence. This isnât just code; itâs trust built into the protocolâs DNA.