Event-Based Trigger
Event-Based Triggers enable smart contract executions in response to specific events occurring on the blockchain. These triggers monitor on-chain activities and initiate actions when predefined events are detected.
Implementation in TriggerX
Event Monitoring: TriggerX listens for specific events emitted by smart contracts.
Action Execution: Upon detecting the specified event, the system triggers the corresponding smart contract function.
Use Cases
Token Transfers: React to token transfer events to update balances or trigger subsequent actions.
Contract State Changes: Monitor changes in contract states to initiate dependent processes.
User Interactions: Respond to user actions, such as staking or voting, by executing related functions.
Event-based triggers provide real-time responsiveness to on-chain activities, enabling dynamic and interactive decentralized applications.
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