# TCY AutoCompounder

The TCY AutoCompounder is a permissionless smart contract on Rujira built by the [AutoRujira](https://autorujira.app/) team that automatically claims, converts, and reinvests TCY rewards to maximize yield — with zero manual intervention. Designed for users who want to earn more without constant monitoring, it’s the simplest way to compound TCY over time.

### Key Features

* **Fully Decentralized & Non-Custodial:** The AutoCompounder is 100% on-chain and permissionless. Your TCY always remains under your control — the smart contract simply automates the process.
* **Simple, One-Step Setup:** Just deposit your TCY into the AutoCompounder at [tcy.thorchain.org/manage](https://tcy.thorchain.org/manage). You’ll receive sTCY in return, representing your share of the vault. This allows you to stay liquid or use your position in future DeFi products.
* **Automated Claim, Conversion & Reinvestment:** Approximately every 24 hours, the contract receives rewards in RUNE. These rewards are automatically converted into more TCY via RUJI Trade and redistributed proportionally to all depositors — growing your position continuously.
* **Composability with sTCY:** Your position in the AutoCompounder is fully liquid. Soon, you’ll be able to trade sTCY on RUJI Trade or use it across Rujira products — as collateral for lending, for placing bids on RUJI Liquidation, and beyond.

### Benefits

* **Set & Forget Yield Optimization:** Forget about claiming rewards, tracking prices, or managing reinvestments. The AutoCompounder runs 24/7 and compounds for you — ensuring you never miss a chance to grow your position. It removes the friction of active management while delivering optimized returns over time.
* **Maximum Efficiency:** Rewards are claimed and reinvested as soon as they become available. No idle assets. No wasted time. No manual effort.
* **Future-Ready Design:** The sTCY token unlocks powerful integrations across the Rujira ecosystem. From lending to liquidation bids, your auto-compounded position becomes a core building block of your DeFi strategy.

### Fees & Fee Sharing with THORChain Base Layer

* **TCY AutoCompounder:** A 5% fee is collected from compounded rewards only (not principal) and is distributed to AUTO stakers as part of AutoRujira’s fee-sharing model. This is the first of many strategies being built by AutoRujira to unlock the full potential of TCY — and help users do more with their assets, effortlessly.
* **Rujira & THORChain:** TCY AutoCompounder is built on top of Rujira's Orderbook DEX. Hence, every auto-compounding transaction is subject to the standard Orderbook DEX fee, accruing value to both RUJI stakers and THORChain Base Layer.

### Status

* TCY AutoCompounder is live [here](https://rujira.network/strategies/staking/TCY).