> For the complete documentation index, see [llms.txt](https://docs.singularityfinance.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.singularityfinance.ai/sfi-value-proposition/core-pillars-of-the-sfi-l2/sfi-vaults/features/governance.md).

# Governance

Governance contract manages different authorization levels:

**Governance:** Can modify configured governance, management, and guardian roles, as well as add or remove tokens and strategies.

**Management:** Can manage the vault by swapping tokens and investing or liquidating strategies.

**Guardian:** Has the authority to place the vault into emergency shutdown mode, which sets all strategy weights to 0%, this will signal strategies to liquidate all investments back to the vault.

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