Our service monitors multiple metrics in real time to decide if, when, and how to respond.
Enjoy a safe, low interest rate while saving big on transaction fees by avoiding manual rate adjustments.
How it Works
Open Settings
Open the settings of your loan in any of the supported frontends.
Set Delegate
Set the address of our delegate from the table below
Enjoy
Enjoy a low but safe interest rate that adapts to market conditions.
Too good to be true? See for yourself onchain.
Deployment Addresses
| Protocol | Address |
|---|---|
| Liquity V2 (Ethereum Network) | 0x2f3dc38A6F58DBF2428A8A9a43a66FCF638c299c |
| Nerite (Arbitrum Network) | 0xc0ffe..c0de (announced soon) |
| Quill (Scroll Network) | 0xc0ffe..c0de (announced soon) |
Q&A
Learn more about the different aspects of our service.
What is this?
We automate the management of your loan interest rate on Liquity-V2-based protocols, ensuring you pay a low but safe rate without manual intervention.
How does it work?
Our service monitors different metrics such as redeemable debt in front, market price, mempool, and time of last adjustment to decide when, if and how to update the interest rate.
How much does it cost?
We charge a management fee of 0.25 % on your loan. We expect you will make a net profit from lower interest rates and gas savings.
Is it safe to use?
The Liquity protocol enforces that all interest rate managers can only update the interest rate. They can *not* steal your money or manage any other aspect of your loan. The system enforces that all interest rate managers need to be registered with certain parameters. This includes the lower and upper bounds of the interest rate, the frequency of changes as well as the management fee. The management fee can be lowered afterwards but not increased. All other parameters can not be changed after registration, so that users can not be tricked. All parameters can be verified on the blockchain.
Does this eleminate the risk of redemption?
We aim to protect you from redemptions as best as we can, but we cannot guarantee complete prevention.
How frequently does the system adjust rates?
To prevent certain kind of problems the Liquity protocol charges an additional cost for interest updates that come too frequently. Under normal conditions, the system will update no more than once every 7 days. However, if the risk of redemption is high, the system may update more frequently.
Does the interest rate apply equally to loans backed by different collateral types?
No, the interest rate is tailored to the type of collateral. A user with collateral A might encounter a redemption risk at 5%, while a user with collateral B can rest easy at 3%
What is the highest possible interest rate the system can set?
We've set an upper bound of 50 % for the interest rate. The bound is enforced by the Liquity protocol and is verfiable on the blockchain.
Can I quit using the service at any time?
Yes, you are always 100 % in control and can remove the interest rate manager from your loan at any time.
Can I get notified when rates are changing?
Yes, you can subscribe to Email notifications here
Are any of the Liquity V2 forks supported?
We aim to support all Liquity V2 forks that are actively used by the community.
Disclaimer
By using our automated interest rate management service you acknowledge the following: We strive to provide low, safe interest rates, but we cannot guarantee specific outcomes, adjustments, or updates. Rate changes depend on various metrics and external factors. We aim to protect you from redemptions as best as we can, but we cannot guarantee complete prevention. You remain responsible for monitoring your loan and understanding the risks.