The bot maximizes your use rate, so that most of your assets are lent at all time.
You might however want to keep some reserve not lent, in order to have assets available for peaks or high lending rates.
Reserve Strategy respond to that need.
You can define the trigger for these longer duration based on a specific value of the rate (trigger rate), or when there is a rate peak (trigger variation).
The goal is to have assets available for “interesting rates”.
Warning 1: Reserve amount is independent from “keep amount”. Reserve is an amount ready to be released at a certain rate. Keep amount is blocked and the bot will never touch it.
There is 5 settings for this strategy:
- Reserve Percent [in %]: Percent of assets to be reserved and not lent until the release trigger is reached.
- Reserve Amount [in currency]: Amount of assets to be reserved and not lent until the release trigger is reached.
- Release Rate [in %/day]: rate from which the reserved amount is released for lending.
- Release Variation [in %]: variation of rate in % above which the reserved amount is released for lending. Enter 20000% to disable the variation trigger.
- Variation Min rate [n %]: rate under which the variation rate is disabled. This setting is to avoid “false” high variation (if the rate is extremely low, even double the rate might be still very low).
Example in words:
- Reserve Percent 0 %
- Reserve amount 0.1 BTC
- Release Rate 1.2
- Release Variation 300
- Variation Min rate 0.03
This example means that:
- The bot keep in reserve and not lend 0.1BTC.
- If the rates rate goes over 1.2%, or when the rate "jumps" up more than 300% and is above 0.03%/day, then the reserved amount is released for lending.
- Would the rate go again below 1.2% later on, the bot will rebuild the reserve.