Huma Institutional

Autotasks

The Huma protocol employs OpenZepplin's Autotasks to perform certain routine processes. There are four types of Autotasks, with each of them supporting a different aspect of the pool operation:

AutoPay Autotask

• Fetch all credits with a due date in the next 2 days and the credit state is in GoodStanding or Delayed.

• For each credit, if the borrower has enough funds in their wallet to cover the payment amount (nextDue + totalPastDue), and has approved enough allowance to the pool, call makePayment on behalf of the borrower to pay back the pool.

Close Epoch Autotask

• Fetch all pools where the current epoch endTime is in the past.

• Call processYieldForLenders on the junior and senior tranche.

• Call closeEpoch on the epoch manager contract.

• Call investFeesInFirstLossCover on the pool fee manager contract.

• Call payoutYield on all first loss cover contracts of the pool.

Refresh Credit Autotask

• Fetch all credit lines where nextBillRefreshDate is in the past and credit state is in GoodStanding or Delayed.

• Call refreshCredit on the credit manager contract for that borrower.

Start Committed Credit Autotask

• Fetch all credit lines where credit state is Approved, committed amount is greater than 0, and the designated credit start date is in the past.

• Call startCommittedCredit on the credit manager contract for that credit.

Submit Redemption Request Autotask

• Fetch all pools that has the autoRedmeptionAfterLockUp setting enabled.

• For each pool, fetch all lenders whose deposit lockup period has expired.

• Call addRedemptionRequest on the contract to submit redemption requests for all the shares owned by the lender.

Unless otherwise noted, all Autotasks run every 5 minutes. For access control, Autotasks will call contracts using the Sentinel service account wallet.