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BrinkBrinkby0xD4294dC3451b286108995A22abE5A37B2c4EACcAbrinkgov.eth

Brink Proposal #1: Request an order type

Voting ended over 4 years agoSucceeded

Brink allows users to sign transactions that will automatically execute when certain conditions are met. All transactions in Brink are gas-deferred, they are free to create and you don’t pay a gas cost until the transaction is fully executed.

We will be launching Brink with a couple of basic order execution types, but decided it would be best to ask the community which order types they'd most like to see added after launch.

The options are as follows:

  1. Automatic Dollar Cost Averaging: Pick any asset you want to DCA into.
For example, you can set an order to convert 500 DAI to UNI every 14 days.

  2. Stop-loss Order: Set a stop-loss order for any asset.
 For example, sell 5 ETH if the price of ETH drops below 2000 USDC.

  3. Uniswap V3 LP Automated Entry/Exit: Automatically exit or enter a Uniswap V3 LP position based on the LP's value.
 For example, automatically sell 50% of a ETH/UNI LP position if the value of the position reaches 10,000 USDC


Off-Chain Vote

Automatic DCA
232K 55.5%
Stop-Loss Order
120.5K 28.8%
Uniswap V3 Automated Enter/Exit
65.5K 15.7%
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Timeline

Jul 06, 2021Proposal created
Jul 06, 2021Proposal vote started
Jul 26, 2021Proposal vote ended
Oct 26, 2023Proposal updated