Auto-Rebalancing
Last updated
Last updated
Bluefin has introduced an Auto-Rebalancer in order to avoid having to manually close your positions when they go Out of Range and you stop earning rewards. With this product you'll be able to earn passive yield without needing to constantly check your positions!
To access the feature you will need to hover over the desired pool and select the Auto button on the far right side, this will open the Rebalancer modal.
Once inside the Rebalancer modal the process for opening a position is very similar to the one explained in the tutorial for adding liquidity, just select the amounts of each token you want to deposit and click on Add Liquidity at the bottom of the modal. Note that the token amounts will depend on the Deposit Ratio, which in term depends on the selected Range and the current price of the Pool. However, the Auto-Rebalancer sets this range automatically and will dynamically adjust your deposits so your rewards are always auto-compounded for the highest passive yield.
You can also claim your pending rewards by going to the Rewards tab of the modal and clicking on Claim. Please note that this feature is in collaboration with AlphaFi and they take a 2% fee of your accrued rewards, however the amount reflected in the modal is the actual rewards you will be receiving (it already includes the fee share from AlphaFi).
