Hermes - Meteora's Keeper

Hermes - Our keeper program monitors the APY for each lending protocol every 1 hour, and sends rebalance cranks to re-distribute liquidity in the different platforms. There are factors that affect allocation in a platform:

  • APY

  • Total deposit

  • Deposit limit

  • Pool utilization rates

  • Pool reserve levels

Rebalance cranks are sent every few minutes, so user will get yield just after few minutes depositing in vault

Notes: Keeper can only deposit in predefined strategies, and cannot claim tokens.

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