Executor
The protocol allows for the operation of a group of robots that execute settlements and limit orders, managed uniformly by the executor contract. The executor fee is not an unavoidable expense, and this part of the expense is mainly the execution Gas fee paid when operating the robot (BSC's gas fee payment token is BNB).
Aggregated Pool
When a trader's position is used by the executor, a fee will be charged. Scenarios include: trigger of limit orders, take profit/stop loss orders, and forced liquidation triggers. The charged fee is a reasonable estimate based on the last Gas fee collected at the time of closing the position.
Isolated Pools
Considering the value differences of assets in the Isolated Pools, a new set of executor operation and reward strategies is adopted in the Isolated Pools.
For trigger orders, the executor's fee will be deducted from the margin assets when the position is closed or liquidated.
For forced liquidation, the gas fee required for the executor to perform the liquidation operation will be deducted from the balance after the position is liquidated.
For take-profit and stop-loss, the executor's fee will be deducted from the margin assets when the position is closed or liquidated.
Due to price changes in margin assets in the Isolated Pools, the following risks may arise when executors operate, and traders should be aware of these:
Price fluctuation risks of margin assets may affect the value of your position.
Limit orders, take profit and stop loss, and forced liquidation will trigger executor operations, which will incur fees deducted from your position's margin.
It is advised to increase the amount of margin assets when opening a position and to use leverage judiciously.
Executor Address
The protocol currently has 18 executors to ensure the execution of settlements and limit orders. As the trading market and transaction frequency increase, the number of executors will periodically increase.
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