Recipe #8: Track Supply and Borrow Rates on Compound
Last week we unveiled HAL v1, which makes it easier and more fun to create automation thanks to Recipes: a , way to create and your favorite triggers.
Today’s recipe allows you to track supply and borrow rates on Compound.
Head over to https://9000.hal.xyz/compound and select “Track Supply and Borrow Rates”:
You can choose if you want to track borrowing or supply, as well as for which token (DAI, USDT, USDC, BAT, WBTC, ETH, REP, ZRX) and the threshold. HAL will automatically fetch the current borrow/supply rates and display it below the form.
Now you only need to setup your action. For example, to receive an email simply click on the “Send an Email” button:
The pre-filled message already has everything you need in it. If you want to tweak it using our template system, you’ll find the documentation on our Gitbook.
Click the “create” button and you’re set!
Email was just an example — you can setup as many actions you want to your new trigger. We support webhooks, Email, Twitter, Telegram, Discord, or Slack — and soon, on-chain actions as well!
We’re on a roll integrating some of the most popular DeFi platforms: we already have recipes for PoolTogether, Aave, Compound, Loopring, Synthetix and thanks to Chainlink we even track gas prices.
You can also consider supporting us on Gitcoin! 🙏🏽
Where to go from here
We’re going to release several new recipes over the next days, but we’d also love to hear from you which recipe you’d like to see next by filling the Typeform here.
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