T
Trigger Protocol
Trigger protocol democratises on chain actions, fixing fragmented actions/bot merkets.
Created on 3rd December 2022
•
T
Trigger Protocol
Trigger protocol democratises on chain actions, fixing fragmented actions/bot merkets.
The problem Trigger Protocol solves
- 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.
Challenges we ran into
- 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
Discussion
Builders also viewed
See more projects on Devfolio