> For the complete documentation index, see [llms.txt](https://docs.3adao.org/3a-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.3adao.org/3a-protocol/protocol-documentation/euro3-coin/watchdog-bot.md). # WatchDog Bot The bot runs automatically to adjust the HF for Redemptions based on EURO3 under peg deviation from EURO/USD price. If EURO3 is within 2% away from the peg then the HF is set to 1.1. If the EURO3 price is more than 2% under pegged then the HF for Redemptions is increased by 0.5 every check till max HF is reached. Once the EURO3 price reaches the peg within 2% deviation, the HF gets set back to 1.1. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.3adao.org/3a-protocol/protocol-documentation/euro3-coin/watchdog-bot.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.