Set range stopSet range stop
Extra Finance · Acts onchain
Arms or disarms the stop-loss band on a leveraged farming position you manage in an Extra Finance vault. The band is the pair's price in its first token per whole second token. Once armed, if the price leaves the band, Extra Finance's range-stop keepers close the position, repay its debt, and pay what remains to its manager, keeping a small fee for the close. Disarming leaves the band stored but unused. Reach for it right after opening a position so a sharp move closes it before the debt ratio reaches liquidation, or to widen the band as the position's value grows.