The Combo Triggers
In Tortle Ninja, we use "Tortle Combo Recipes" which are set of nodes that you can combine to craft a wide range of DeFi products and strategies.
We have a special feature called Combo Triggers that function similarly to oracles. They gather data from both on-chain (within the blockchain) and off-chain (outside the blockchain) sources. These triggers constantly adjust their strategies based on the information they receive. For example, if you want to farm tokens until their value goes down, Tortle Ninja allows you to do just that, and it provides countless other exciting possibilities beyond your imagination.
There are a total of six combination triggers that you can choose from:
Price Feeds: This trigger activates when a predefined asset price condition is met. For example, if the price of $BTC surpasses $28,000, our combo trigger will be executed.
APR Based: This trigger focuses on farms and their Annual Percentage Rate (APR). It activates when the farm's APR exceeds or falls below the specified percentage. For instance, if the APR of the "WFTM-DEUS" farm drops below 30%, our combo trigger will be executed.
Time Based (DCA): With this trigger, you can perform operations within a specific time window of your choice (e.g., 24 hours, 1 week, 1 month). For example, automating daily purchases for a month regardless of the price.
Manual Execution: This trigger empowers you to execute a recipe at your discretion. Once activated, you have the freedom to manually trigger the combo whenever desired. It's perfect for adjusting to market fluctuations.
Profit/Losses: This trigger is based on profit or loss percentages relative to your initial position. For instance, selling off the entire position if the profit exceeds 30% or if losses exceed 10%.
Social Sentiment: Our newest combo trigger, Social Sentiment, leverages market sentiment indicators. It activates based on sentiment or its volume on a scale of 1-5.
With Tortle Combo Recipes, users can easily create your own DeFi products by connecting different nodes and performing DeFi operations. You can do things like splitting tokens, setting limits, placing stop-loss orders, farming tokens, providing liquidity, and even combining all of these actions using our unique combo triggers.
Each combo trigger now includes a helpful explanation at the bottom. Simply provide your own explanation in the designated "Motivation" section to fully customize your combo trigger. It's all about ensuring you have the information you need for a smooth and personalized experience.
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