Automation
Earn fees by helping process automated liquidity refills for other users.
How Automation Works
When liquidity providers enable auto-refill, their positions need external processing to:
Claim XRD from matured stake claim NFTs
Deduct the automation fee
Re-add the remaining XRD as liquidity
Anyone can process these transactions on behalf of the liquidity owner and earn the automation fees!
Understanding Thresholds
Refill Threshold: The minimum XRD amount that must be claimable before a position can be processed.
Example:
Position has 50,000 XRD liquidity
Refill threshold set to 49,900 XRD
When 49,900+ XRD becomes claimable from stake claims, it appears in automation queue
Anytime liquidity is increased such as this, its position is reset to the back of of the queue at that same discount
Navigate to Automation
Click the Automate tab to view positions ready for processing.
Automation Queue
The queue shows:
ID: Receipt number
Discount: Position's discount rate
Claimable: XRD ready to claim
Fills: Number of stake claims to process
Reward: Your fee for processing
Select Positions
Click positions to select them (or use "Select All")
Selected positions show a checkmark
Total reward updates at the bottom
Process Automation
Review selected positions and total reward
Click "Process X Receipts for Y XRD"
Approve the transaction
Receive automation fees immediately
Limitations
The number of receipts that can be processed is entirely dependent on the total number of fills that each receipt has. In order to ensure transactions do not fail from exceeding maximum number of events,
max_fills_per_cycleis an updatable variable in component state and currently set to 50 fills per transaction. It is possible to collect multiple receipts and automation fees in a single transaction as long as the sum of the fills involved is less than this value. It is also possible to only collect an receipt's fills partially if a single receipt has > 50 fills.
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