AutoLend will retrive the "middle lending rate" from Bitfinex's Lending book,
not the best (the highest) lending rate. For example, rate for USD is
for the market depth of USD $200,000. It's closer the the rate you'll get if you set the
lending preference in the left middle of it. (in the middle but a little closer to
"Lend Out Quick")
If the lending book of the currency does not have enough market depth(not enough
liquidity), there will be NO DATA. USD and USDT market don't have this kind of error right now.
What's shown on "Your Loans"Click me
1. Account SummaryClick me
Account Balance: All the amount of funds in your lending account, including those lent out and those not lent.
Amount Lent: All the amount of funds lent out. For detailed information of each loan, see "Open Lends".
Average Lending Rate: Weighted average rate of your loans, weighted by the amount.
Recent 30 Day Profit: Accumulated of recent 30 day actual return. See "Account Ledgers" for each day's return.
2. Open LendsClick me
Currency: Currency type of your loan, but AutoLend only supports USD lending right now.
Amount: Amount of your loan.
Annual Rate: Original FRR of your loan*365.That is, the annualized rate of return of your loan.
Open at: The time when your loans are offered.
Expire in: When will your loans expire. Ex: "2 Days" means that the loan will expire within 2 days.
3. Pending LendsClick me
Currency: Currency type of your loan, but AutoLend only supports USD lending right now.
Amount: Amount of your loan offer.
Annual Rate: Original FRR of your loan offer*365, the annualized rate.
Lending Period: How long will the loan be lent out. Notice that the borrower can choose early repayment.
Placed at: When did the loan offer be placed.
4. Account LedgersClick me
The chart shows profits and balances of last 25 days. If it hasn't been 25 days after your deposit, it only shows data after deposit.
Currency: The Currency of the amount.
Date: Date of the balance.
Profit: Profit of the date.
Balance: Account balance of the date.
How to setup AutoLend
If you want to use AutoLend, you should input data listed below:
Your Bitfinex API Key、API Secret: Please fill out the API Key applied from Bitfinex. You can watch ComforterWorm's video for basic tutorial of API settings.
Minimum Lending Rate: The minimum rate for your loan offer. If the market rate searched by the bot is lower than this, the bot will offer your loan at this rate. The bot will offer your loans at market rate if you set it 0.
Minumum-for-30-day Rate: Loans in the rate higher than this are lent out for 30 days, while those in a lower rate are lent out for only 2 days.
Spread Available Lends into XX Portions: The bot will split your loans into this number of portions and spread it evenly among the lending book rage you choose in "Lending Preference". If you don't want to split your loans, you should make this value be 1.
High Hold Rate, Amount: The bot will reserve the amount and lend out it in "High Hold Rate". If the bot can't lend out the money, it will be idle. It's highly recommended that you use it when the market rate rises and reserve a small amount to get super high yield.
Lending Preference: AutoLend splits the lending book into 20 interval by their market depth shown as below. Your funds will spreading in the interval evenly in portions by your settings to make different offers.
Lend Out Quick
Accumulated Amount of Market Offer(Market Gap.)
↑
$0-25,000
|
$25,000-50,000
|
$50,000-75,000
|
$75,000-100,000
|
$100,000-200,000
|
$200,000-400,000
|
$250,000-500,000
|
$250,00-2,000,000
|
$300,000-600,000
|
$300,000-2,000,000
|
$400,000-800,000
|
$400,000-2,000,000
|
$500,000-1,000,000
|
$500,000-2,000,000
|
$1,000,000-2,000,000
|
$1,500,000-1,600,000
|
$1,500,000-2,000,000
|
$1,600,000-1,700,000
|
$1,700,000-1,800,000
↓
$1,800,000-2,000,000
Rate High
How to Make Lendings and Get Interests?Click me
1. Send USD to Bitfinex via bankwire, set your API, and then fill it into your AutoLend bot settings!
2. Buy cryptos, send them to Bitfinex, change it into USD. Then the steps are the same as above.
Please Watch ComforterWorm's Video for detailed information~
How to Setup Bitfinex APIClick me
Please Watch ComforterWorm's Video for more information~
Forget My Password?Click me
In the middle of login page exists a link:"Forget your password??".Click it and there's a password reset page~
Want to Change Email/PasswordClick me
After login, there's a pink button--"Change Login Info", at the end of settings page.
For detailed tutorial, please watch ComforterWorm's Video!
