The "auto-renew" feature for providing funding is an energy-saving tool that allows funding providers to ensure they are always offering their available funds (and re-offering earnings on their funding). The minimum amount to automatically trigger one offer is a funding wallet balance of $30 USD or the equivalent in other currencies.
Auto-renew will automatically offer available funds in your Funding Wallet. This can occur as funding interest accumulates, as a funding term expires, if funds are released by the borrower, or simply by depositing additional funds to your funding wallet.
Example of Auto-renew Funding: You are providing funding and receiving daily interest payments. As soon as you accumulate $30 USD equivalent in your Funding Wallet, that amount will automatically be offered, as well. This feature provides a way to automatically re-offer your profit from provided funds.