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 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, TwitterTelegramDiscord, or Slack — and soon, on-chain actions as well!

What’s next

We’re on a roll integrating some of the most popular DeFi platforms: we already have recipes for PoolTogetherAaveCompoundLoopringSynthetix and thanks to Chainlink we even track gas prices.
You can also consider supporting us on Gitcoin! 🙏🏽
Watch this space for new recipes coming soon and tell us what else you want to see on HAL next!

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.
Don’t forget to:

HAL

Subscribe To Our Latest News, Tips and Insights

logo

© 2022 HAL Collective Inc.

hello@hal.xyz

Terms and Conditions