finSafe

The user's collateralized debt positions are always under the thret of liquidation dure to severe price volatility and as the user cant continiously monitor the position. With our alerting mechanism the user gets instantly notified whenever his/her position's health factor croesses a certain threshold, when more collateral is deposited into their position, when collateral is withdrawn, when debt is repayed, when debt is taken etc. Also with our protection mechanism the user can use the health factor prection tool to calculate at what price and what amount should he invest more/ take out his collateral and he/she can then can use our collateral management tool to predefine their investments and withdrawals.

We needed to update the position of the user in mongoDB, but the structure of the document was very nested which made it very difficult for us to update the positions. We studied about various operators used in mongoDB which helped us solve this problem.

The health factor we were calculating was coming out to be wrong, turned out we were using the wrong liquidation thresholds. The thresholds got updated recently through a DAO proposal.

We were not able to figure out a way to let user subscribe on the frontend to a push protocol channel, then we went to the push protocol booth to take help and they were very helpful.