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.