Hoot Bank
An easy-to-use savings account for Gnosis Pay. Hoot Hoot Hoot.
Hoot Bank
Created At
ETHGlobal London
Winner of
Gnosis - Yield Bearing Tokens Integration with Gnosis Pay 2nd place
Project Description
With Hoot Bank you can easily put the EURe of your Gnosis Pay into sDAI to earn yield on your stablecoins. ¸Your Gnosis Pay has now a savings account! Just click on Deposit, and Hoot Bank will create an order to swap EURe for sDAI through CowSwap, which will earn a yield of around 22% (at time of writing).
How it's Made
We used the CowSwap SDK to create orders on Cow Protocol between EURe and sDAI. We pre-sign the orders using the Safe used for the Gnosis Pay account. Right now we're using a "dummy" Safe, but it's set up in the same way as it is for Gnosis Pay. Hoot Hoot Hoot Hoot Hoot Hoot Hoot.
