- Nov 12, 2019
- 19
- 0
One of the underrated free tools, which has no analogues on the market and that is used to monitor DeFi liquidity pools and ERC-20 token prices change, is the EtherDROPS bot in Telegram:
https://t.me/EtherDROPS_bot
The bot can only monitor the Ethereum network. However, almost 95% of all DeFi projects are on Ethereum. The most hyped ones are also there.
So what this bot will give you:
1) The ability to monitor the change in the price of ERC-20 tokens. The bot sends notifications when the price varies within the price range you set. You can set the minimum fluctuation of 0.01% to receive more frequent notifications, or a higher range if you wish. You just need to add an address of the token. As a result, there is no need to continuously update CoinMarketCap or DropsTab to check prices.
2) The ability to monitor changes in DeFi liquidity pools and this is the coolest bit. The bot will send you notifications for the selected % range change, you also configure it yourself. As a result you will always be notified if someone brought in and took away a small or a large chunk of liquidity. If anything suspicious is happening, your initial investment is in danger. That said you should always receive accurate information of what is happening, so you can act accordingly.
As a nice addition of this bot, you can track balances of any wallet in the Ethereum network, be it your personal wallet or the wallet of a project, whale or exchange you are interested to follow.
This bot will greatly facilitate your investments and trading ventures, and help you in making investment decisions. Moreover, if you have any questions or wishes, you can always contact the developers! A convenient user interface and a help-guide in Russian and English for new users is also built in. Check it out!
https://t.me/EtherDROPS_bot
The bot can only monitor the Ethereum network. However, almost 95% of all DeFi projects are on Ethereum. The most hyped ones are also there.
So what this bot will give you:
1) The ability to monitor the change in the price of ERC-20 tokens. The bot sends notifications when the price varies within the price range you set. You can set the minimum fluctuation of 0.01% to receive more frequent notifications, or a higher range if you wish. You just need to add an address of the token. As a result, there is no need to continuously update CoinMarketCap or DropsTab to check prices.
2) The ability to monitor changes in DeFi liquidity pools and this is the coolest bit. The bot will send you notifications for the selected % range change, you also configure it yourself. As a result you will always be notified if someone brought in and took away a small or a large chunk of liquidity. If anything suspicious is happening, your initial investment is in danger. That said you should always receive accurate information of what is happening, so you can act accordingly.
As a nice addition of this bot, you can track balances of any wallet in the Ethereum network, be it your personal wallet or the wallet of a project, whale or exchange you are interested to follow.
This bot will greatly facilitate your investments and trading ventures, and help you in making investment decisions. Moreover, if you have any questions or wishes, you can always contact the developers! A convenient user interface and a help-guide in Russian and English for new users is also built in. Check it out!