krakenfx / wallet

Kraken Wallet is a powerful self-custody wallet built for the decentralized web
https://kraken.com/wallet
MIT License
174 stars 38 forks source link

Auto-Portfolio Balancing - ie Limit Orders and much more #37

Open RGPankO opened 1 month ago

RGPankO commented 1 month ago

It sounds like you’re using https://app.defisaver.com/aave/smart-wallet/v3/default/manage for DeFi loans and more. This platform allows you to sign a contract that enables limit order automation. Essentially, the contract automatically swaps USDT for Ether or wBTC at certain levels, and you've pre-approved the gas and the amounts.

People don't need to understand the intricate workings behind this; they just need the ability to set up similar orders inside their wallet. If such a feature were integrated, especially on a Layer 2 solution like Arbitrum, it could be a standout feature that many users would flock to. This could potentially be the first wallet with such an integration/feature, offering a significant competitive advantage by reducing transaction fees and speeding up the execution time. This approach not only enhances user experience but also aligns with the growing trend towards more efficient and cost-effective blockchain interactions.