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closedEnded 4 years ago · Snapshot (Offchain)

Do you want HAL integration?

Summary

HAL makes it simple to monitor and build automated workflows based on real-time blockchain data. Our mission is to “glue” together centralised and decentralised technologies (https://medium.com/coinmonks/the-gluing-manifesto-159cabef0532) to help the ecosystem strive. By leveraging push notifications, DAOs can increase user engagements and provide additional value to their members.

This proposal looks to embed the HAL notification system into the Aave UI.

Motivation

Given the market volatility, it is critical for Aave’s lenders and borrowers to carefully monitor their positions to prevent liquidation. HAL’s Aave recipes (https://9000.hal.xyz/aave) are already used by thousands of users for risk management.

Adding HAL into the Aave UI will unlock additional level of protocol engagement and security for all Aave users.

Benefits for the Aave community

The integration would allow all AAVE users to be notified about the status of their Health Factor. Using our recipe, AAVE users can be notified in real time on the health factor conditions of their position, thus greatly reducing the risk of being liquidated.

Moreover, this integration increases the trust within the AAVE community, allowing anyone to have access to information on the health factor in a straightforward form and with the possibility of receiving a notification via Email, Telegram, Discord, Twitter, Slack and Webhook. We already witnessed a similar positive feedback loop in the past when we did a similar integration with Bancor (https://twitter.com/HAL_Team/status/1389945442818011140).