Alerts
Have DeVOLT watch a position and tell you when something crosses a line you set, because nothing here acts on your behalf, and a position nobody is watching is a position nobody is watching.
DeVOLT never moves your funds, which also means it never rescues them. An alert is the substitute: you set a line, DeVOLT watches for it, and you get a message when it is crossed. It is a message and nothing more. No transaction happens, and acting on it is still up to you.
What can be watched
- health factor
- Tell me when a position gets within this distance of liquidation. The number to set for anything you would not want to lose.
- net APY
- Tell me when what the loop returns falls under this. A position that was worth opening can stop being worth holding when rates move.
- market liquidations
- Tell me when this many liquidations happen in a market. Other people being liquidated is early evidence about a market you are also in.
- borrow breakeven
- Tell me when the borrow rate gets within this much of the point where the loop stops paying. It warns before the return goes negative rather than after.
A rule can watch a single market or every position your wallet holds. The unit differs by kind and the panel states it: a health factor is a ratio, a rate is a percentage, liquidations are a count.
Why an alert does not repeat
A value sitting exactly on the line you set will wobble across it, and a rule that fires on every crossing would message you continuously about a single event. So once a rule fires it stops, and only re-arms after the value recovers past the line by a margin.
Where alerts are delivered
To the channels you connect, and only to those. Every alert DeVOLT sends is recorded, so if you think you should have been told about something you can check whether it was sent, when, and where, rather than wondering. You can send a test message to confirm a channel works before you rely on it.
What an alert cannot promise
Alerts are checked on a schedule, not continuously, and a price can move faster than any schedule. A liquidation can happen between readings, and a message can be delayed by the network carrying it. Treat an alert as an early warning that usually arrives, not as a guarantee that you will be told in time. The only thing that reliably reduces the risk of liquidation is less leverage.