APY Alerts
APY (Annual Percentage Yield) Alerts keep users updated on changes in the yield or returns offered by decentralized finance (DeFi) protocols.
APY Notification
Our APY Tracking Service is designed to assist users in staying abreast of the annual percentage yields across selected liquidity pools and protocols. By maintaining vigilant oversight of these APYs, our system is equipped to alert users to any significant changes that may affect their investment strategy. This monitoring is especially crucial in the decentralized finance (DeFi) landscape, where yield fluctuations can present both risks and opportunities.
Upon activation of an alert, users will receive vital information that includes the current APY, the specific liquidity pool address, and any associated rewards or fees that might influence the net return. The service meticulously incorporates these variables, offering users a comprehensive and nuanced view of their potential earnings.
How to setup APY alerts
Under Signals section click on Add Subscription button under APY . The button is highlighted in black box in the screenshot below.
Clicking on Add Subscription button will require you to fill important fields to create a APY alert subscription. Fill in the fields and click on Add button (located below the input fields). Please refer to the screenshot below. Note: Description regarding the fields is provided below the screenshot.
Fields Description
Name: Name for the Alert.
Username: The username is a unique identifier displayed when alert is received.
APY (Annual Percentage Yield) % : APY, or Annual Percentage Yield, is a crucial metric in decentralized finance (DeFi) that represents the total return on an investment including the effect of compounding. Specify it in the minimum percentage amount, if the amount exceeds the specified threshold, a notification will be sent through the designated channels.
APR (Annual Percentage Rate) % : APR, or Annual Percentage Rate, is another important metric i representing the total cost of borrowing or the potential return on lending while not taking compounding into account. Specify it in the minimum percentage amount, if the amount exceeds the specified threshold, a notification will be sent through the designated channels.
Asset Address: This represents the wallet or smart contract address for which you want alert tracking enabled. Once an alert related to that particular asset arises within the system, the user will receive a alert.
Upon clicking on the Add button, a subscription notification popup will be displayed on the lower left. See the snapshot below for reference.
An example of APY alert received in discord is shown below for reference.
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