What Are Rollups in TRES Finance?
Rollups in TRES Finance are an advanced feature in the Ledger page designed to consolidate multiple repetitive transactions into a single summarized entry. This approach streamlines transaction management, optimizes system performance, and reduces costs associated with high transaction volumes. Rollups are particularly beneficial for transactions like staking rewards, which occur frequently throughout the day.
Why Use Rollups?
Reduce Transaction Volume By aggregating multiple transactions into one entry, rollups significantly lower the overall number of transactions processed in your account. This ensures your transaction volume remains manageable and reduces the likelihood of exceeding your base transaction limit.
Optimize Costs Minimizing the number of recorded transactions helps avoid additional fees that might result from surpassing the transaction limits defined in your order form.
Simplify Data Management Rollups make your transaction logs easier to analyze and manage by condensing frequent, repetitive transactions into more concise records. This makes reporting and auditing faster and more straightforward.
How Do Rollups Work?
Rollups aggregate multiple individual transactions into a single entry, typically based on a set time frame, such as daily or monthly. For example:
Without Rollups: If you receive staking rewards every hour, this would result in 24 individual transactions each day.
With Rollups: These 24 transactions are combined into one daily summary entry that reflects the total staking rewards for that day.
The summarized entry still provides essential financial details, ensuring your records remain accurate and complete.
When to Use Rollups?
Rollups are ideal for:
High-Frequency Transactions: Situations where transactions occur multiple times per day (e.g., staking rewards, microtransactions).
Optimizing Costs: If your transaction volume exceeds or is nearing the base limit outlined in your TRES Finance agreement.
Simplifying Reporting: When you want to make your data easier to review without losing critical financial information.
How to Enable Rollups
To implement rollups for specific transaction types:
Contact your account manager to discuss your needs.
Approve the associated setup cost.
TRES Finance will configure the rollups to summarize the selected transaction types based on the agreed time frame (daily or monthly).
Benefits Recap
By using rollups, you can:
Reduce transaction volume.
Avoid excessive fees.
Simplify data reporting and management.
Maintain accurate financial records.
If you have additional questions or need assistance with enabling rollups, please reach out to your account manager or contact our support team.