Chuck Bergeron - Generation Software

Part 3. Creating a PoolTogether Draw Auction bot

Tutorial duration: ~25 minutesWhat is the Draw Auction bot?The hyperstructure — PoolTogether’s latest protocol update introduces a new way to ensure the protocol lasts for generations to come. Built-in to the protocol is the ability for you to make profit by running core functions necessary for PoolTogether to operate day-to-day. We’ve learned about the Arbitrage Liquidator bot in Part 1, and the Prize Claiming bot in Part 2. This tutorial is about the Draw Auction bot, which does two things:...

Part 2. Creating a PoolTogether Prize Claiming bot

Tutorial duration: ~20 minutesWhat is a prize claiming bot for?The upcoming PoolTogether Hyperstructure automates prize claiming using incentives. You can earn fees by claiming prizes for winners. You earn money, and they get their prizes automatically. New prizes are released in daily draws. Winners must first be computed, then the prizes can be claimed. The reward for claiming a prize is priced according to a variable rate gradual dutch auction (VRGDA for short). In a nutshell, this means t...

Part 1. Creating a PoolTogether Arbitrage Swapping bot

or How to Spin the Gears of the PoolTogether Ecosystem For Fun and Profit*Tutorial duration: ~20 minutesWhy bots?The new version of PoolTogether (called the hyperstructure) features incentivization in place of governance. This ensures that the protocol can exist and function for many generations to come without the need for any voters or admin staff. In order for this to work, mechanism design was baked into the protocol so that those with technical know-how (or those interested in learning) ...