I use AAVE to generate yield

Whether you're chasing yield or simply parking stablecoins safely, you still need to monitor a few critical factors to manage your position effectively.

What you need to monitor

AAVE positions require regular attention to lending rates, protocol health, governance changes, and asset stability. Missing key updates can mean losing yield opportunities or, worse, facing unexpected risks to your deposited assets.

What Otomato watches for you

Otomato automatically detects and monitors your AAVE positions and alerts you only when something relevant happens:

Obvious alerts

These are alerts that every AAVE user should monitor, regardless of strategy.

Bad debt / security incidents

Otomato surfaces security and solvency alerts as soon as credible signals appear so you can assess whether to withdraw.

Example notifications

• "AAVE reported $15M in bad debt on Ethereum mainnet. View source"

• "Potential security issue affecting AAVE v3. View source"

Learn more

Learn how Otomato manages security-related alerts here.

Lending APY drops materially

Otomato tracks lending rates for your deposited assets and alerts you when yields change meaningfully.

Example notifications

• "USDC lending rate on AAVE dropped from 8.5% to 4.2%."

• "ETH lending rate decreased from 3.1% to 1.8%."

Governance actions impacting your asset

Governance proposals can change risk parameters, collateral factors, or asset listings, directly affecting your position's safety and profitability.

Otomato monitors AAVE governance and alerts you when proposals impact assets you've deposited.

Example notification

• "AIP-297: Governance proposal to freeze CRV market on AAVE v2. LTV will be set to 0%, preventing new borrows against CRV. View proposal"

Asset depeg

Otomato continuously monitors deposited asset prices and alerts you when meaningful deviations occur.

Example notifications

• "USDC is trading at 0.985."

• "GHO is trading at 1.042."

Asset/Protocol specific news

Otomato monitors news and announcements from the protocols and assets tied to your position, and understands the full dependency chain of those assets. If you're supplying wstETH, you'll be alerted about news-related to Aave, Lido, and Ethereum, since any of them can impact your position.

Example notifications

• "BlackRock's Ethereum ETF approved for staking. View source."

• "Aave launched Savings GHO (sGHO), a yield-bearing vault for GHO holders. View source."

• "Lido announced a v3 upgrade for stETH. View source."

• "Aave announced v4 deployment on Ethereum. View source."

Alerts for more advanced users

These alerts are valuable for users who want deeper protocol insights.

Supply cap change

Supply caps limit how much capital can be deposited for each asset. When caps are raised, new opportunities may emerge; when caps are reached, you can't deposit more.

Otomato alerts you when supply caps change for assets you're using or watching.

Example notifications

• "AAVE increased the USDe supply cap on Ethereum by $250M."

Improvements

We're continuously looking to add support for alerts the community is asking for. If you'd like us to add a new use case, reach out on telegram.