> For the complete documentation index, see [llms.txt](https://docs.ws.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ws.exchange/protocol-overview/smart-contracts-1.md).

# Smart Contracts

**Governor (**[0x1D734e5de4c4a4b70538Bb52D9A08a8E9468b26f](https://etherscan.io/address/0x1D734e5de4c4a4b70538Bb52D9A08a8E9468b26f))

The contract that governs the protocol through voting. It can push proposals and apply changes through the timelock contract.

**Timelock** ([0x60944aFF520C44Df6d877aE379aBB7Aa704b0b8F](https://etherscan.io/address/0x60944aFF520C44Df6d877aE379aBB7Aa704b0b8F))

This is the administrator of all other contracts and is managed by the Governor contract. For security purposes, code changes have a deferral period. The default deferral period is fixed at 5 days ( 120 hours). This period can change through governance voting.

**Router** ([0x463672ffdED540f7613d3e8248e3a8a51bAF7217](https://etherscan.io/address/0x463672ffdED540f7613d3e8248e3a8a51bAF7217))

This facilitates interaction with smart contracts, allowing references to functions of the code as domain names.

**Factory** ([0x69bd16aE6F507bd3Fc9eCC984d50b04F029EF677](https://etherscan.io/address/0x69bd16aE6F507bd3Fc9eCC984d50b04F029EF677))

Creates new pairs and includes the Protocol Fee switch (which sends 0.05% to the FeeTo address).

**Controller (**[0xA9229c9D3720CD359cEc51A259003C845E4C8224](https://etherscan.io/address/0xA9229c9D3720CD359cEc51A259003C845E4C8224))

Allows updating of the pairs code.

**Escrow** ([0x39D34833d45A973e80D66E07E93512a8c508372C](https://etherscan.io/address/0x39D34833d45A973e80D66E07E93512a8c508372C))

Issues governance tokens into circulation according to the established schedule.

**Staking** ([0x3bAEFcF105f234b62F6793931903503B8dd4af5d](https://etherscan.io/address/0x3bAEFcF105f234b62F6793931903503B8dd4af5d))

A smart contract that provides a reward for staking LP tokens in governance tokens.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.ws.exchange/protocol-overview/smart-contracts-1.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.