Riprr

How orders run

What happens when an order is due: the keeper, routing across DEXs, the minimum output and why an order can revert.

From due to delivered

How an order runs
  1. Order due
  2. Keeper
  3. Best route
  4. Fee and swap
  5. Minimum check
  6. Your wallet
  1. Order due: Buy NVDA with 25 USDG
Round one: the order goes through. Round two: less than the minimum would arrive, so the order reverts and your balance is untouched.
  1. 1
    The order is due
    The keeper picks it up within about a minute.
  2. 2
    Best route
    It requests the best route across the DEXs on Robinhood Chain (via KyberSwap) for your order size.
  3. 3
    Fee and swap
    The vault takes the 0.30% fee, swaps the rest and checks how much reached your wallet.
  4. 4
    Delivered, or nothing happens
    If you received less than the minimum, or the price is above your max price, the whole order reverts and nothing is spent.

Minimum output and reverts

Every order has a minimum output. The keeper sets one from a fresh quote, and the vault uses the higher of that and the one your max price allows. The vault never swaps without a minimum.

After the swap, the vault checks how many tokens reached your wallet. If fewer than the minimum arrived, the whole order reverts: nothing is spent, Left in plan is unchanged and the plan waits for its next order.

Robinhood Chain orders transactions first come, first served, so orders are not exposed to sandwiching through a public mempool.

What the keeper can do

The keeper is the bot that runs due orders. The vault contract limits what it can do:

Can
  • Run an order once it is due
  • Choose the route, among routers the vault allows
  • Skip a due order when the price is above your max price or there is no route
Cannot
  • Withdraw your balance
  • Send tokens anywhere but your wallet
  • Fill below your max price or the minimum
  • Take more than the fee set in the contract

Timing

Orders become due at the plan's start time, then one interval apart. If an order runs late, it runs once and the schedule keeps its rhythm: the slots it missed are not stacked up.

If orders run late
If an order runs late, the orders it missed are not stacked up. The schedule keeps its original rhythm.

Riprr is software that executes recurring token purchases on Robinhood Chain from your own wallet. It is not a broker, exchange or investment adviser, and nothing on this site is financial advice. The smart contracts are not audited and may contain bugs. Robinhood stock tokens give economic exposure to a stock; they are not shares and carry no shareholder rights. Token prices are volatile and you can lose everything you deposit. Riprr is not affiliated with Robinhood Markets, Inc.

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