How does Automation work?
By enabling any of our automated strategies, a user gives the DeFi Saver Automation smart contracts the rights to make adjustments on their position - but only once the user configured trigger condition is met, and fully limited by the user's configuration.
For example, if we take Automated leverage management, an auto-repay can only be executed for a user's position once their current ratio drops below their configured ("repay if below") ratio.
If the system were to attempt to execute a repay before this trigger condition is met, the transaction would fail.
On top of this, there's also on-chain verification of transaction outcomes, meaning that the transaction execution will successfully complete only if the user's target condition is met. In the case of an auto-repay, this means that the "repay to" ratio needs to be reached at the end of the transaction.
Once any automated strategy is enabled for a certain position, the Automation bots start actively monitoring it, so they can execute any needed adjustments as soon as the configured thresholds are reached.
Below, you'll find an illustration of how an auto-repay works:
For latest technical details, you can always check the development docs, as well as the smart contracts source code.
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