Synthetix Staking Telegram Bot

Staking c-ratio notifications & more!

Synthetix Grants
2 min readJul 15, 2021

Introduction

The grantsDAO is proud to release the Synthetix Staking Telegram Bot. An SNX Staker’s collateralization ratio can fluctuate based on market conditions.

This tool saves users the headache of constantly checking their c-ratio. Users can simply set an alert and wait for a notification. See the full feature list below 👇

Features

  • Privacy: Use the bot anonymously with a private Telegram channel
  • Track multiple addresses: Great for whale watching!
  • C-Ratio Alerts: Notification when c-ratio is above/below threshold
  • Stats: Wallet statistics including SNX price and Rewards claim status
  • Payday Countdown: Time to next Staking snapshot
  • Calculator: Calculate how much sUSD to mint/burn
  • ENS Support: Ethereum Name Service supported
  • Desktop & Mobile Support: Thanks Telegram
  • More features will be added as the bot evolves!

Examples of helpful notifications:

  • C-ratio is above 400%: allows for the claiming of staking rewards
  • C-ratio is below 250%: c-ratio is getting close to the 200% (liquidation)
  • C-ratio is above 600%: user may want to mint sUSD

Getting Started

See this tutorial for a walk-through on how to get the bot up and running.

If you have any questions or feature requests please post in the #grants-dao channel of the Synthetix Discord.

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