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Spells.fyi - Timelocks in DeFi

Grant Accepts Any Token

Last Update: 3 weeks, 1 day ago

CATEGORIES

Community Education

MATCH ROUND 6

8 DAI

MATCH ESTIMATE

ROUND

116 DAI
8 contributors

Description

{"ops":[{"insert":"Timelocks are great. If you know about them. Spells.fyi broadcasts timelocked spells to protect users.\nWebsite: "},{"attributes":{"link":"https://spells.fyi"},"insert":"https://spells.fyi"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Twitter: "},{"attributes":{"link":"https://twitter.com/spellsfyi"},"insert":"@spellsfyi"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"Spells.fyi protects smart contract users."},{"insert":"\n\nSpells.fyi shows timelocked spells and when they will affect smart contract users.\n\n"},{"attributes":{"bold":true},"insert":"What is a timelock?"},{"insert":"\n\nTimelocks are checks and balances between smart contract users and admins who have the power to make core changes.\n\nTimelocks give users the option to opt out of upcoming changes. For example, by withdrawing funds from DeFi protocols which make changes that will negatively impact users.\n\nThe catch is that timelocks are only useful if details about the change become available during the timelock period.\n\n"},{"attributes":{"bold":true},"insert":"Spells.fyi broadcasts timelocked spells."},{"insert":"\n\nToday, Spells.fyi supports timelocks implemented by popular DeFi products like...\nMaker"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Compound"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Dharma"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"DDEX"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"Curve"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"Spells.fyi is a public good serving the community today."},{"insert":"\n\nSpells.fyi is a public good disseminating information about timelocked spells on two fronts:\n"},{"attributes":{"link":"https://thegraph.com/explorer/subgraph/blocklytics/spells"},"insert":"A public API built on The Graph"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://spells.fyi/"},"insert":"An open-source website hosted by Blocklytics"},{"attributes":{"list":"bullet"},"insert":"\n"},{"insert":"\n"},{"attributes":{"bold":true},"insert":"The purpose for this grant is to fund Gitcoin bounties for further development."},{"insert":"\n\n---\n\n"},{"attributes":{"bold":true},"insert":"Contact"},{"insert":"\n"},{"attributes":{"link":"https://spells.fyi/"},"insert":"Website"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://twitter.com/spellsfyi"},"insert":"Twitter"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://discordapp.com/invite/GFxFN3K"},"insert":"Discord"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://github.com/blocklytics/spells-fyi"},"insert":"GitHub"},{"attributes":{"list":"bullet"},"insert":"\n"},{"attributes":{"link":"https://thegraph.com/explorer/subgraph/blocklytics/spells"},"insert":"Subgraph"},{"attributes":{"list":"bullet"},"insert":"\n"}]}

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