Skip to main content

Relay Automation

Relay-style strategies automate parts of veRAPH management for patrons who prefer stewardship to hands-on voting. Availability depends on the contracts and strategies actually deployed by Raphael.

A strategy may:

  • receive deposited veRAPH NFTs;
  • aggregate their voting power;
  • cast votes according to a defined policy;
  • claim fees, incentives and rebases;
  • convert rewards;
  • compound value back into locked $RAPH positions or distribute a chosen asset.

Common strategy types​

  • Compounder: converts eligible rewards into $RAPH and adds them to the managed lock.
  • Converter: compounds lock-related amounts while converting other rewards into a selected payout asset.
  • Partner strategy: directs voting power toward a defined set of partner pools.

Important consequences​

Depositing veRAPH can transfer operational control to the strategy, and it may extend or permanently change the lock configuration. Withdrawals may be delayed by an epoch, an automation run or a contract rule. Convenience is purchased with control; know the price before paying it.

Before depositing, verify:

  • strategy contract and manager permissions;
  • voting policy;
  • reward conversion route and slippage;
  • fees;
  • withdrawal rules;
  • emergency controls;
  • audit status;
  • what happens if automation stops.
warning

A strategy label or a high historical return is not evidence that a Relay is safe. Read the strategy's contracts and permissions as carefully as you would read a counterparty.