Auto swap when out of range

Product Requests
1

A big issue as an LPer is impermanent loss. When the market crashes, this is worsen by the dramatic fall in price. An auto swap feature would help to dampened the blow to LPers’ capital.

3 Likes
2

This would be very helpful. Imagine just being able to easily agree to “Auto Swap” at the time of entering the LP position and when doing so, you can set a couple parameters for when auto swap occurs. With this, when the auto swap function is triggered, it could:

  • Close the current position, collecting all fees
  • Auto swap the total funds back to 1:1
  • Reopen a new position following same parameters as previously set (Spot/Curve/Bid Ask/Num Bins)

Ultimately, it would be alot more convenient for the LPer who does not frequently check their pool positions, or simply wants to set it and forget it, knowing the Auto Swap will continuously trigger when necessary and despite market fluctuations, they will be printing fees.

Could also lead to “Auto Claim Fees” and “Auto Reinvest Fees”, making Meteora have the simplest user experience on the market, suitable for high level market makers, as well as the less experienced traders.

Not 100% sure if this idea ive thought out was exactly what @azrangar had in mind, but his idea led to this.

3 Likes
3

I do this manually and often miss the point since it dumps more.
This could be game changer and would really love it, would be nice to have an option to auto-swap say at 5-10% out of range or such

1 Like
4

Do this manually usually also. Having it as an automatic function would be amazing !

1 Like
5

This is the idea. I have lost way too much money because I wasn’t around to swap back in time.

6

Thumbs up to this. Might put HawkFi out of business, though…

7

I like this idea. I also think some type of “stop loss” position could be cool. Like if you see a token trending but are AFK and you want to close out if it goes down a certain % but you have already set the parameters.

8

It’s really what we need!

F.e i m rebalancing mannuel, and i m scaring about it when i m sleeping,it can go out of range :frowning:

9

could be usefull to have this option