updown_settle

Public settle of an UPDOWN round once it has ended and a valid Chainlink price is available. Anyone can call.

SERVERBasis MCP Server SOURCElaunch-on-basis/mcp-ts

Low RISK CLASS

Category Read

Parameters 00 required

Recommended Allowedsee the rule below

Registry record Grade F, identity unverified Pull the record →

This record as markdown: /tools/launch-on-basis-mcp-ts/updown-settle.md

WHAT IT DOES

What updown_settle does on Basis MCP Server

AI agents call updown_settle to retrieve information from Basis MCP Server without modifying anything. It is typically the context-gathering step in research, monitoring, and reporting workflows, before the agent takes action elsewhere.

RISK

Why updown_settle is rated Low

Even though updown_settle only reads data, uncontrolled read access leaks sensitive information and racks up API costs: an agent caught in a retry loop can make thousands of calls a minute without anyone noticing.

Attacks that exploit this kind of access

RECOMMENDED RULE

The rule that runs updown_settle safely

PolicyLayer is an MCP gateway: it sits between your AI agents and Basis MCP Server, and checks every tool call against a rule you set before the call runs. Nothing changes on the server itself. For updown_settle, this is the rule to start with:

updown_settle Allowed

updown_settle is read-only, so it stays allowed. Everything else on the server is denied unless you say otherwise.

View as policy code

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "updown_settle": {}
  }
}

ALLOW ONLY THIS TOOL → Instant setup, no code required.

The button opens the PolicyLayer dashboard: create your workspace, connect Basis MCP Server, apply this rule, and every updown_settle call is checked against it from then on.

FAQ

Questions about updown_settle

What does the updown_settle tool do? +

Public settle of an UPDOWN round once it has ended and a valid Chainlink price is available. Anyone can call. It is categorised as a Read tool in the Basis MCP Server MCP Server, which means it retrieves data without modifying state.

How do I enforce a policy on updown_settle? +

Register the Basis MCP Server MCP server in PolicyLayer and add a rule for updown_settle: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Basis MCP Server. Nothing to install.

What risk level is updown_settle? +

updown_settle is a Read tool with low risk. Read-only tools are generally safe to allow by default.

Can I rate-limit updown_settle? +

Yes. Add a rate_limit block to the updown_settle rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block updown_settle completely? +

Set action: deny in the PolicyLayer policy for updown_settle. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides updown_settle? +

updown_settle is provided by the Basis MCP Server MCP server (launch-on-basis/mcp-ts). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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