LIQUISWAP

LIQUISWAP

Liquiswap: Yield farming with an automated stop-loss feature - protecting your assets while earning gains in DeFi

LIQUISWAP

LIQUISWAP

Liquiswap: Yield farming with an automated stop-loss feature - protecting your assets while earning gains in DeFi

The problem LIQUISWAP solves

Liquiswap watches the market price of assets its users have invested on protocols like Aave. If the price drops below the user defined threshold, Liquiswap will automatically withdraw the investment asset and swap it for stablecoin, limiting potential losses. It's a stop loss while your assets are earning yield.

When a user withdraws a profitable investment, a portion of their profits will be shared with Liquiswap charities. In recognition of their generosity, they will receive a Liquiswap NFT. Earning Liquiswap donation NFTs will gain them membership and rights in the nascent Liquiswap DAO.

Challenges we ran into

Liquiswap combines a complex set of protocols and transactions, and setting up and test scenarios is a complex process. Additionally, low testnet activity on DeFi protocols means that they do not necessarily behave as expected, and it requires a few tricks and workarounds to successfully test in spite of these issues.

Tracks Applied (2)

All Things Dev

Liquiswap provides an automated stop-loss feature for assets invested on protocols like Aave. This was an innovative sol...Read More

Defi

Liquiswap provides an automated stop-loss feature for assets invested on protocols like Aave. This feature makes it a De...Read More

Discussion