Automation with Octav

This document explains how to prepare your vault and complete the required steps to enable automated NAV updates using Enzyme and Chainlink.

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1. Before Setting up

Please review the following carefully before proceeding.

1.1 Asset Requirements

• The deposit, redeem, and fee assets of your vault must have a reliable and stable asset rate.
• These assets should be pegged to a constant value (for example, USDC pegged to 1 USD).
• If any of these assets do not meet this requirement, the automation may produce incorrect results.

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1.2 Chainlink API Usage & Costs

• Please ensure your Octav API plan has sufficient credits.

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1.3 Vault Activity Restrictions During Execution

• When the automation runs, no manual actions should be performed on the vault.
• This includes:

  • Moving or transferring assets
  • Bridging assets
  • Executing deposits or redemptions
  • Claiming fees
• Performing any of these actions during execution may result in an incorrect NAV calculation.
• We strongly recommend scheduling at least 30 minutes of inactivity around the automation execution time.

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1.4 Octav Subscription Requirement

• All addresses tracked in your portfolio must have an active Octav Lite subscription.
• Without this, the automation may fail or return incomplete data.

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2. Information You Must Provide to Enzyme

Before we begin setup, please send us the following details:

• Network (e.g., Ethereum, Polygon, etc.)
• Vault address (Shares contract)
• Public bundle portfolio URL (check on FAQ section how to do it)
• Desired automation schedule

  • Example: once per day at 01:00 UTC
• Your Octav API key (share with Enzyme in a secure way, either via password manager that you are using, or with the usage of https://yopass.se/)

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3. Setup Process Overview

The setup consists of:

• Smart contracts deployed by the Enzyme team
• A small number of on-chain transactions that you must execute

We will guide you through each required action.

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4. Actions Required From You

Step 1: Assign Vault Admin Rights

• We will provide you with a contract address of the LimitedAccessLimitedCallForwarder.
• Using the Enzyme Admin UI, set this address as your Vault Admin.
• This enables the automation to update the vault’s share value.

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Step 2: Authorize the Automation Consumer

• We will provide you with contract address of the CreWorkflowConsumer.
• You must send an on-chain transaction to the LimitedAccessLimitedCallForwarder (address was provided in the Step 1) calling addUser.
• The input should be the address of CreWorkflowConsumer .
• This transaction must be sent via a blockchain explorer (e.g., Etherscan).

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Step 3: Allow Share Value Updates

• You must send an on-chain transaction to the LimitedAccessLimitedCallForwarder (address was provided in the Step 1) calling addCall.
• This authorizes the automation to update the vault’s share value.
• We will provide:

  • The target contract is address of the ValuationHandler . You can find this address in the Admin UI under Advanced > Valuation

    

    Screenshot 2026-02-25 at 10.49.30.png
  • The function selector is 0x189ee485 (this is updateShareValue selector)
• This transaction must also be sent via a blockchain explorer (e.g., Etherscan).

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Step 4: Approve the Automation Workflow

• After deploying the automation, we will share a workflow ID with you.
• You must send an on-chain transaction to approve this workflow ID.
• This step ensures that only the approved automation can execute actions on your vault.

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5. After Setup

• Once all steps are completed, the automation will execute according to the agreed schedule.
• Please ensure:

  • No vault activity occurs during execution windows
  • Your Octav API key remains valid
  • Tracked addresses maintain active Octav subscriptions

If any vault parameters change (assets, tracked addresses, or schedule), please contact the Enzyme team before making updates.

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6. Automation Script Updates & Client Approval

• Any update or change to the automation logic requires deploying a new workflow.
• For every update, the Enzyme team will provide you with a new workflow ID.
• No updated or modified automation can run without your explicit approval.
• To approve an update, you must send an on-chain transaction calling setAllowedWorkflowId with the new workflow ID given by Enzyme Team.
• Until this transaction is executed, the updated automation cannot interact with your vault.
• Previously approved workflows remain inactive.
• This design ensures that no code changes are executed without your on-chain consent.

7. Support

If you have questions or need help executing any transaction:

• Contact the Enzyme team before proceeding
• Do not attempt to bypass or modify the setup independently

We are happy to assist to ensure everything runs smoothly.

FAQ

To learn how to create a public bundle --> HERE