← Back to home

Hoot Bank

An easy-to-use savings account for Gnosis Pay. Hoot Hoot Hoot.

Screenshots

Hoot Bank screenshot 1
Hoot Bank screenshot 2
Hoot Bank screenshot 3

Problem Statement

With Hoot Bank you can easily put the EURe of your Gnosis Pay into sDAI to earn yield on your stablecoins. ¸Your Gnosis Pay has now a savings account! Just click on Deposit, and Hoot Bank will create an order to swap EURe for sDAI through CowSwap, which will earn a yield of around 22% (at time of writing).

Solution

We used the CowSwap SDK to create orders on Cow Protocol between EURe and sDAI. We pre-sign the orders using the Safe used for the Gnosis Pay account. Right now we're using a "dummy" Safe, but it's set up in the same way as it is for Gnosis Pay. Hoot Hoot Hoot Hoot Hoot Hoot Hoot.

Hackathon

ETHGlobal London

2024

Prizes

  • 🏆

    Yield Bearing Tokens Integration with Gnosis Pay2nd place

    Gnosis

Contributors