Defishy.xyz - $10,000(full) - application
- “Defishy.xyz will improve the Aave stakeholder/token holder experience by allowing users to identify wallets close to liquidation on Aave and position themselves accordingly.The recent crash of May 2022 was caused largely by a series of liquidation cascades as large whale wallets were liquidated. As liquidators sold massive amounts of collateral on exchanges, collateral prices dropped, resulting in more liquidations.We created Defishy to democratize liquidation health data of all wallets, such that users are able to manage liquidation risk more effectively. Our team at Defishy is thrilled to be working with Aave and supporting the Aave community!”