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update compound simulation explainer
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vfat committed Jul 15, 2024
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Auto-Compound automatically compounds your positions at the optimal frequency.

This is calculated using a formula that takes in the position size, the APR and the current gas cost.
This is calculated using a simulation that takes in the position size, the APR and the current gas cost. Different frequency numbers are tested (daily, twice a day, etc.) until the best one is found. If the current rewards are higher than required by the frequency calculation, auto-compound is triggered. This simulation is done for every position each time the bot runs.

There is a 1.8% auto-compound fee on rewards, part of which is used to pay for gas costs (no further user input needed).

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