Offering a clear warning system and providing options like staking higher fees for priority execution will definitely enhance user experience and trust, it’s great that you’re focusing on transparency and empowering users with more control, especially during periods of high network congestion.
How will you ensure that users fully understand how staking a higher fee impacts task execution? Will you provide a clear breakdown of how much additional fee they are paying for faster execution, and what the trade-offs are?
TriggerX sounds great! I like how it automates tasks on TRON and connects with Ethereum. The cross-chain feature is smart. I’m interested in the fee system. Can’t wait to see the final product!
TriggerX is an exciting project that brings automation to the TRON network by leveraging the existing Keeper Network from Ethereum. It might be helpful to consider adding customizable automation templates for common DeFi operations, which could further simplify the process for users. Wish you all the best!
We have multiple checks to prevent failure of job execution:
Retries for Transactions: Our code ensures that each and every transaction is submitted to the blockchain.
Keeper Redundancy: We have multiple keepers active and working to fulfill our users requirements. If any one of them fails, another one takes it place to execute the task at hand.
In terms of security differences between the two chains:
Ethereum: As it often experiences higher gas fees and congestion, we’ve focused on optimizing by batching transactions.
TRON: Since it’s typically faster and cheaper, we leverage this advantage to ensure quicker execution but still maintain the same level of redundancy as on Ethereum.
Overall, our system is designed to maintain high availability and security across both chains.
With voting just around the corner, we wanted to give you a quick update on some exciting changes we’ve made since our submission!
Here’s what’s new:
Job Scheduling Overhaul: We’ve restructured our job scheduling system. Instead of one scheduler handling everything, we now have two—one manages job instructions (create, delete, update), and the other creates threads to execute them. More organized, more efficient!
More Keepers, More Power: We’ve boosted the number of keepers! Along with it, made it scalable. Now, we can activate more keepers to finish off pending jobs faster. No task is left behind!
Data Handling Upgrade: We’ve improved how data is handled. Data is now encoded and decoded during transmissions, ensuring nothing gets lost. We also fixed data mismatch issues, which has massively reduced error rates. Bye-bye, bugs!
Optimized Response Aggregation: Responses are verified on Ethereum, at Eigenlayer AVS via its consensus mechanism. Plus, we queue and batch responses before submission, which cuts down on network fees. Saving both time and gas!
Enhanced Blockchain Interactions: Whether it’s listening for events, sending transactions, or making API calls, we’ve made sure every interaction is rock solid. No missed steps, no uncertainties!
Sleeker UI: We gave our frontend a fresh look! The user experience is now smoother, easier to understand, and less prone to those pesky first-time errors. Perfect for newbies and pros alike!
We’re stoked about these updates, which will be live shortly and can’t wait for you to try them out. Let’s make this hackathon legendary!
Love these updates! The job scheduling changes and more keepers sound like a game-changer. Can’t wait to see everything in action—this is going to be awesome!
What specific DeFi operations do you think would benefit the most from customizable automation templates in TriggerX, and how could these templates enhance user experience on the TRON network?
Incredible effort! I just liked your project and it’s looking awesome. Would love if you could give ours a look and a like as well. Voting starts today, let’s push through!
Batching transactions on Ethereum boosts performance by reducing costs and network load, especially with high gas fees and congestion. Instead of sending separate transactions for each task, batching groups multiple responses into one, lowering gas costs and minimizing retries in case of failure. This is crucial for our model, where each task response is logged and verified via Eigenlayer AVS, helping us maintain efficiency and control operational costs.
Adding customizable automation templates to TriggerX is definitely on our radar, and it could really streamline DeFi operations for a variety of users.
Liquidations: Automatically triggering liquidations when collateral ratios drop below a threshold.
Interest Accruals: Automating interest calculations and payments at regular intervals for lending protocols.
Trading Strategies: Setting up templates for automated buy/sell orders based on price changes or market conditions.
Time-Based Automation: Templates for tasks like scheduled token burns, recurring payments, or yield rebalancing, which users can configure with just a few clicks.
These templates would simplify complex DeFi tasks, allowing users to easily set up automated strategies without writing custom code.
We are working on refining the condition-based and event-based automation on our app. They are buggy, and are not working as one would expect. We will release them once they are working perfectly.
Condition-Based Automation: Predefined triggers for tasks like liquidations, automated trading, or reward distribution based on price or collateral thresholds, ensuring that key actions are executed without manual intervention.
Event-Based Automation: Templates that react to on-chain events, such as NFT minting upon reaching milestones, token distributions after sales, or governance actions when proposals reach quorum.
By offering ready-made templates, we make it easy for DeFi developers, NFT platforms, and blockchain projects to automate critical operations, improving efficiency and user experience on the TRON network.
