πAutomated Rebalance (One-time Move Range)
High level: You can setup rebalance triggers based on pricing, pool ratio, and time. You can also select a time buffer for pricing or ratio based triggers.
Value Add: In order to rebalance you would need to manually pull liquidity, calculate the desired amount to swap, swap the desired amount, and then re-add the liquidity to a new position. VertexAI collapses all of this into one step and does the calculation for you so that there are no leftover tokens.
Example: If ETH rises to $3,230.76 then rebalance my ETH-USDC position back to 50β50
Note: The swap for the rebalance is currently routed through the same UniV3 pool you are providing liquidity to. In the future 1inch (or other aggregator) will be incorporated into our backend to improve swap experience for long-tail tokens.
Walkthrough:
Connect your wallet and create a position on VertexAI or select the position (NFT) you wish to setup a rebalance for.
Setup the rebalance parameters for your position. You can toggle between three different triggers: price, ratio, or time.
Price: rebalance when ASSET it ABOVE/BELOW a PRICE POINT
Ratio: rebalance when a RATIO is achieved
Time: rebalance on a prescheduled DATE
After you choose the Trigger Setup you can select a βtime bufferβ if you happened to choose Price or Ratio based triggers. By checking the box you will ensure that your trigger only happens when the price or ratio has been hit for a predetermined number of hours. This allows the position to βbreatheβ or revert to the mean if the price/ratio condition is only temporary or comes from a flash movement in pricing.
3. Choose the desired asset ratio and tick range for the new liquidity position you want after a rebalance has been triggered.
For ticks you can toggle between either asset (similar to Uniswap front-end).
VertexAI will show the projected liquidity after rebalance in the βProjected Liquidity Positionβ section.
Triggers will auto expire after 90 days
Set up a Gas Fee Ceiling by choosing the max amount of gas you are willing to pay in either percentage of position or dollar value terms. Note: if you input in dollars we will convert this to a percentage of position amount which is what the trigger will ultimately be based on
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