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We are proud to present http://snx.link
@SNXLink goal is to use the concept of delegation introduced by @synthetix_io Hadar Release to build features that enhance Synthetix user experience managing recurring tasks such as the claim of fees and the fix of C-Ratio
@SNXLink goal is to use the concept of delegation introduced by @synthetix_io Hadar Release to build features that enhance Synthetix user experience managing recurring tasks such as the claim of fees and the fix of C-Ratio
The first feature is “AutoClaim”. You can automate the claim for @synthetix_io weekly rewards delegating http://snx.link
Keepers of the platform do the claim and are paid for it
2 steps
- delegate http://snx.link
- choose weeks and desired priority level
Keepers of the platform do the claim and are paid for it
2 steps
- delegate http://snx.link
- choose weeks and desired priority level
Anyone can be a Keeper, the platform is open and is not censurable
Just execute “claimOnBehalf(userAddress)” on the core @SNXLink smart contract https://etherscan.io/address/snxlink.eth
(It shares part of the @synthetix_io the FeePool interface)
Attached TX explains the process
Just execute “claimOnBehalf(userAddress)” on the core @SNXLink smart contract https://etherscan.io/address/snxlink.eth
(It shares part of the @synthetix_io the FeePool interface)
Attached TX explains the process
Basically Keeper triggers https://etherscan.io/address/snxlink.eth which executes the claim and withdraws the funds from the fees user wallet to pay the Service Fees
The fees paid upfront are managed in separated @gnosisSafe MultiSig wallet per user
Shortly the risk will be mitigated leveraging @SablierHQ streams in ordered to receive payments weekly and not all upfront
Shortly the risk will be mitigated leveraging @SablierHQ streams in ordered to receive payments weekly and not all upfront
@SNXLink is not audited yet but opted for a no admin key design
Users must approve any new feature upgrading their account
@SNXLink does not have any type of access to your staking $SNX, neither SNXs or sUSDs resulting from weekly rewards
cc @ChrisBlec
Users must approve any new feature upgrading their account
@SNXLink does not have any type of access to your staking $SNX, neither SNXs or sUSDs resulting from weekly rewards
cc @ChrisBlec
Service Fees are 0.0015 ETH for claim
Keepers will be refunded of all transaction fees plus a 0.001 ETH reward and SNX Link holds 0.0005 ETH for each claim
These are hard coded in the smart contract and cannot be changed unless an update that mandatory requires user acceptance
Keepers will be refunded of all transaction fees plus a 0.001 ETH reward and SNX Link holds 0.0005 ETH for each claim
These are hard coded in the smart contract and cannot be changed unless an update that mandatory requires user acceptance
Shortly other 3 features will be introduced, such as:
1. “Guaranteed AutoClaim” guarantees you to receive your rewards by using the @AaveAave flash loans to fix your C-Ratio during the claim if it is below the threshold required
1. “Guaranteed AutoClaim” guarantees you to receive your rewards by using the @AaveAave flash loans to fix your C-Ratio during the claim if it is below the threshold required
2. “RatioStat” allows you to keep your C-Ratio level within a certain desired threshold using an algorithm that mint and burn Synths (
@synthetix_io Hadar release SIP-10 https://sips.synthetix.io/sips/sip-10 )
3. Notifications by e-mail
@synthetix_io Hadar release SIP-10 https://sips.synthetix.io/sips/sip-10 )3. Notifications by e-mail
More info at http://snx.link/faq
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Reply to this thread and feel free to join us on Telegram https://t.me/snxlink
