For the complete documentation index, see llms.txt. This page is also available as Markdown.

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.

Last updated