Usecases
Last updated
Last updated
This example features a smart contract called . It ensures that selected Ethereum addresses always maintain a minimum ETH balance.
If an address drops below its threshold, the contract automatically tops it up using its funds.
Relayer or automation bots
Protocol-managed wallets that should never go inactive
Monitoring tools that depend on ETH availability
Any situation where running out of gas could halt operations
How TriggerX Helps: TriggerX automates the maintainBalances() function every hour, ensuring operational wallets remain active without manual intervention.
The contract distributes staking rewards automatically when a threshold is reached. TriggerX listens for the ThresholdReached event and triggers the distributeRewards() function when it fires.
DAO or community staking pools
DeFi protocols that incentivize reaching target TVL
Gamified staking with progressive reward unlocks
NFT platforms with staked-token-based perks
How TriggerX Helps: TriggerX sets up event-based jobs to monitor the ThresholdReached event and execute the distributeRewards() function without manual intervention.
Simulate dynamic price updates for DeFi applications or oracle designs
Avoid constant polling by setting deviation-based update thresholds
Test automation workflows like rebalancing, liquidations, or alerts
How TriggerX Helps: TriggerX automates the updatePrices() function, reacting only to significant price changes, minimizing gas costs while ensuring timely updates.
The contract manages token pair prices based on real-time volatility, only updating when a significant deviation is detected.