Auto-compound

Automatically compound platform revenue into dLP

Platform fees can be auto-compounded into dLP to increase the likelihood of maintaining eligibility status.

Auto-compounding occurs daily and can significantly increase dLP positions over time as each future compound increases based on the previous compound.

How to Auto-compound

Auto-compound is set ON by default after RFP-28 ratification.

Setting your default lock length from the Manage Radiant page is important since it will apply to all future auto-compounds unless changed.

If users want to turn off auto-compound, they can do it by toggling the button and confirming the transaction.

Compound once instead of automatically by choosing the default lock length, then select "compound" and confirm the transaction in your wallet.

Additional notes

• Auto-compounds occur every 24 hours, on average.

• Auto-compounds require a minimum amount of platform revenue to execute, depending on gas costs per chain.

• Compounded platform revenue is zapped into dLP.

• 3% of the compounded amount is used to fund the bounty contract to award bounty hunters for decentralizing actions for the protocol.

• Auto-compounds are staggered and do not occur globally simultaneously via the bounty system to prevent gamification.