Your First Steps into Automated DeFi Trading: Understanding Intentable Runners
Over 800 traders have already created their runners on Intentable, leveraging its power to create automated DeFi trading securely. If you’re wondering what the runner is, how it works, and why you can trust it, this post will guide you through everything you need to know.
“I was skeptical at first, but after testing with a small amount, I realized how much time and stress this saves me.” – Alex K., Intentable trader since 2024
What Makes Intentable Different?
Intentable isn’t just another trading platform. Founded in 2018, our team of blockchain developers and traders understands one thing: trading shouldn’t be a 24/7 job. That’s why we created Intentable – the greatest platform for automated DeFi trading.
What Is a Runner?
A runner is a smart contract – a self-executing piece of code on the blockchain – that automates your trading strategies. It’s entirely controlled by your wallet and only executes actions you’ve predefined.
How Does the Runner Work?
Here’s a simple example:
- You set a condition: “Sell my token if its price reaches $10.”
- The runner keeps track of the market, monitoring the token price.
- When the price hits $10, the runner automatically executes the trade.
- It takes the token from your wallet, sells it, and returns the proceeds to your wallet.
This all happens atomically, meaning the entire process completes successfully, or nothing happens. This guarantees your funds remain safe.
Why Is It Safe?
- Exclusive Ownership: The runner is linked solely to your wallet. Only your wallet can interact with it, ensuring nobody else can access it.
- Action-Triggered Execution: The runner only acts on the conditions you’ve set. If those conditions aren’t met, it stays inactive.
- Transparent Code: As a blockchain-based smart contract, the runner is fully transparent and verifiable.
- Fail-Safe Mechanism: If the transaction cannot be completed as defined, it is canceled altogether, keeping your assets untouched.
We understand that interacting with smart contracts might seem daunting. But consider this: over 800 traders have already created runners on Intentable and are using them to automate their trades. Here’s why you don’t need to worry:
- The runner is secure, with no outside access or hidden risks.
- It’s a tool to help you hedge your positions and simplify complex trading.
- It ensures you don’t miss out on opportunities while also minimizing risks.
For more technical details on the runner and its capabilities, you can explore this documentation on the benefits of account abstraction (Runner).
Ready to Try It?
Start with a small trade, set up your runner, and let it handle your predefined strategies automatically. It’s simple, secure, and designed to empower your trading on the blockchain.