Cobo Argus Claiming Bot automatically claims Pendle minings rewards!
Last updated
Last updated
With the launch of a new pool on Pendle , Cobo Argus provides a solution to streamline DeFi operations! Through Cobo Argus, users can set up monitoring tools to automatically claim rewards, eliminating the need for frequent manual claiming and maximizing mining profits.
Note: Using the Cobo Argus bot authorizes the utilization of Safe{Wallet} assets for claiming. Prior to any operations, please ensure you are familiar with the authorizations and DeFi processes involved. If you are unfamiliar with these operations and risks, refrain from executing them and contact argussupport@cobo.com for inquiries.
In this guide, we will demonstrate how to use the Cobo Argus Claiming Bot for efficient monitoring of the aUSDC pool on Pendle, catering to institutions, DAOs, protocols, and individual investors. The bot allows users to automatically claim rewards at predefined times, gas fees, and reward amounts.
We will use the aUSDC pool as an example, and the following steps will be covered:
1. Setting trigger conditions in Pendle-Equilibria-aUSDC to monitor rewards in the aUSDC pool.
2. Configure the bot for DeFi operations after claiming rewards.
3. Topping up your gas account.
With the Cobo Argus Claiming Bot, users can effortlessly manage mining rewards and optimize their returns!
First, users need to create a Safe{Wallet} and import it into Cobo Argus. For detailed instructions, refer to our guide in our docs.
Once the Safe{Wallet} and Cobo Safe are set up, go to the “Farming” tab in Cobo Argus and click on “Pendle-Equilibria-aUSDC”
Select the corresponding Safe{Wallet}
In this step, we will demonstrate how to set up triggers for claiming rewards.
Here are the steps:
Time Interval: Once a week (Configure the Claiming frequency condition, supporting granularity in minutes, hours, days and weeks. The bot will execute the task based on the set frequency.)
Gas Price: 0.1 Gwei (Set the maximum network fee price; the bot will only trigger execution if the fee is below the set price.)
Users can customize these settings according to their preferences.
In the first step, let's enable notifications in the “Task.”
Notification: After the trigger conditions are met, notifications will be sent to the email addresses of the Admin and Operator.
Secondly, check 'Manage Rewards' and set the receiving address.
Receiving Address: Specify the destination, whether it's Safe{Wallet} or member address .
Add Address: If no wallet address has been added, you can add a new one.
Thirdly, Advanced Setting allows users to set different receiving addresses.
ARB sent to Address A
PENDLE sent to Address B
EQB sent to Safe{Wallet}
Next step, in Advanced Setting, you can set different receiving addresses.
DeFi Operation: Customize your DeFi operations. Currently, four options are supported:
Parse Txn: Users can paste transactions and Argus will automatically parse the parameters.
Call Contracts: Users can invoke parameters from the contract to perform DeFi operations.
Transfer Tokens: Users can send rewards to another address.
Swap Tokens: Users can swap rewards for different tokens.
Since executing on-chain tasks with the bot requires Gas, it is necessary to pre-fund the Gas Account to ensure the normal operation of the bot.
On the “Farming” interface, under “My Strategy”,click 'View.' Click “Deposit”
Note: Before making a deposit, make sure that the blockchain network is correct.
