Here's where Really becomes interesting. A recurring order:
- creates a automated and repeating “buy low, sell high” ride a bike.
- consists of a linked buy and sell order, such as limit-limit, range-limit, limit-range or range-range, each with custom price levels determined solely by the strategic decision maker.
- Once the order is fulfilled, the funds acquired automatically rotate to fund the reverse order.
- Does not require both parties to be funded, allowing you to create an order with funds you don't yet have.
One of the best parts? There are no protocol fees, and every time an order is executed on Carbon DeFi, it costs ZERO to the strategy maker. No network gas fees, no trading fees. Rotating liquidity, autocompounding, everything is free for creators.
Strategy makers only pay network gas fees to create a strategy and adjust it. Yes, they are also adjustable; I'll come back to that in a minute.