Trigger Protocol
Trigger protocol democratises on chain actions, fixing fragmented actions/bot merkets.
Problem Statement
Many on chain platforms like 1Inch and Instadapp offer actions to their users like limit orders and aave position protection.This leads to fragmented actions market. Specialized platform bots have a closed actions/order book and don't encourage healthy competition and innovation.If the actions market was directly profitable to any bots that can plug into it, it ensures that their strategies remove innovative and the users offered best service.
Solution
The actions book is entirely on-chain, which is throttled by the blockchain's gas fees. But we don't think this can be an issue since the solution is aimed at L2s like Polygon
Hackathon
ETHIndia 2022
2022
Contributors
- 0xpranay
4 contributions