Most entities don’t have the full suite of financial expertise they would like to have in-house. Traditionally it’s expensive to hire asset managers and so capital sits idle and less optimised.
Agent Managed Accounts allow those with trading and execution expertise to co-manage capital without taking custody of the assets.
Agents can sit inside Salt accounts and transact on the owner’s behalf but only within the guardrails set up by the owner. Owners can be asleep, on flights or otherwise not watching the market. The agent is there acting on their behalf direct in wallet.
Some agents are simple bots that programmatically execute a task (e.g. monitor the price of ETH and buy if it dips below $2800). Others may do more sophisticated automations such as bridging, swapping and splitting liquidity across trading venues. Another example is yield hunting, an expertise that most people don’t have in-house.
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Express your interest in being listed as an agent on the Salt Agent Marketplace: https://forms.gle/qNAR74iVEATz7fsn9
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Follow this step by step guide for setting up your agent on Salt.
Watch the video below to learn how to create a basic programmatic bot on Salt’s testnet.
Explore more resources:
https://github.com/KagamiDigital/salt-asset-manager repo on GitHub