Everyone is excited about @MagicNewton’s recurring buy agent, and for good reason.
It automates your DCA, runs onchain, and fits perfectly into the AutoFi narrative.
But let’s slow down a bit.
There are a few important limitations I think should be added to make it better:
âś… No Market Awareness
Agents don’t adjust based on market conditions. Whether the token is up 20% or down 30%, it executes blindly. No smart dip-buying logic yet.
âś… No Price-Based Logic
You can’t say “buy $KAITO only if price drops below $0.20.” It’s fixed-time DCA, not conditional logic.
âś… Slippage and High Gas
Since everything happens onchain, you’re exposed to high gas fees and potential slippage, especially on volatile tokens or low-liquidity pairs.
âś… No Error Handling Yet
If a transaction fails due to price impact, low gas, or any execution issue, there is no retry mechanism built in. You simply miss that buy. 1 reply
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