Autopilot
Our autocompounder is live here!
We know how important an autocompounder is for long term investors and community members, so we've worked hard to release ours in a timely manner.
Autopilot has been forked from the code of YieldWolf Finance. It increases potential revenues by auto-compounding rewards and distributing gas costs between all the farmers in a pool.
Auto-compound
Compounding happens on deposits, withdrawals, and manual force compounds. When a compound is executed on a vault, the assets of every user on the vault are compounded.
Anyone can execute a compound and receive a reward in exchange by pushing the 'Force Compound' button. The reward paid to vault bounty hunters is 0.3% of all the assets pending for harvesting. When the 0.3% of the assets pending for harvesting is worth more than the cost of the compound transaction, then it becomes profitable for anyone to execute it.
Deposit Fees & Withdrawal Fees
YieldOwl takes a 0.5% withdrawal fee. This is to prevent a Deposit, Force Compound, and Withdraw exploit.
Performance Fees
There is a 3% performance fee on profits (just the profits, not the underlying deposit). A portion of this fee is used to reward the bounty hunters who execute the compound transaction.
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