> For the complete documentation index, see [llms.txt](https://quantixfinance.gitbook.io/quantixfinance-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://quantixfinance.gitbook.io/quantixfinance-docs/participants-and-permissions/indicative-permission-matrix.md).

# Indicative Permission Matrix

The table below summarizes who can do what. It is indicative: final authority is determined by the deployed contracts and the protocol's configuration, and it should be reconciled against them before publication.

| Action                              | Lender             | Borrower | Delegate       | Administrator |
| ----------------------------------- | ------------------ | -------- | -------------- | ------------- |
| Deposit / withdraw capital          | Yes                | —        | Via first-loss | —             |
| Draw down / repay a loan            | —                  | Yes      | —              | —             |
| Underwrite and approve borrowers    | —                  | —        | Yes            | —             |
| Set loan and pool terms             | —                  | —        | Yes            | —             |
| Commit first-loss capital           | —                  | —        | Yes            | —             |
| Complete KYC / KYB                  | Yes (permissioned) | Yes      | Yes            | Administers   |
| Admit or approve pools/delegates    | —                  | —        | —              | Yes           |
| Emergency pause / protocol controls | —                  | —        | —              | Yes           |

Roles are not mutually exclusive: a single participant may act in more than one, and permissions are enforced per role.