Optimize risk and monitor your positions health on Venus with CryptoNotifyCentral

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Introduction

Vanguard Vantage is excited to announce its new agreement with CryptoNotifyCentral. This collaboration will allow the Venus Community to use the DeFiNotifyBot for 24/7 real-time notifications on Telegram to constantly be informed of their leveraged positions on Venus. This feature is designed to help users avoid over-leveraged positions that might lead to liquidation if not monitored closely. Stay tuned as a new feature will be added soon (interest rate monitoring).

Here’s a detailed guide on how DeFiNotify works and how you can configure it to keep track of your positions on Venus.

How DeFiNotify Bot Works

Real-time Monitoring & Instant Alerts

DeFiNotify Bot provides real-time monitoring and instant alerts, eliminating the need for manual checks. It watches your borrowing limits across Venus and sends immediate notifications when your limits approach a critical level. This allows you to take swift action to avoid costly liquidations and maximize your DeFi profits without unnecessary risks.

Borrow More

The bot helps you monitor your borrow limits safely, enabling you to optimize your strategies in Venus for potentially better returns.

Safety First

DeFiNotify Bot prioritizes user security. It operates without ever accessing your wallets, completely eliminating the risk of unauthorized fund movement.

Subscription Details

DeFiNotify Bot offers a 7-day free trial. After the trial, you can upgrade to a monthly subscription fee of $VAI 19.95. VAI is Venus’s stablecoin.

Why Telegram Notifications?

  • Safe & Secure: Telegram is known for its strong security, making it a reliable platform for receiving important DeFi alerts.
  • Never Miss a Thing: Receive alerts on your phone wherever you go with the popular Telegram app.
  • Easy to Manage: Control your notification settings directly within Telegram, keeping everything organized in one place.
  • Community: Our community is mostly located on Telegram and it is the place we all use to interact with each others!

Step-by-Step Guide: How to Use DeFiNotify Bot

Adding the Bot
  1. Access the Bot: Click here to access the DeFiNotify bot. Or search for @DefinotificationBot. Ensure that you have Telegram installed on your phone or computer before proceeding. Once on the bot’s page, click “Send Message” to interact with the bot.
  2. Start the Setup: Click “START” to begin the setup.
  3. Control the Bot: Use the command menu button to control the bot.
Registering and Setting Up Alerts
  1. Begin Registration: Select /register from the menu. You will receive a message from the bot requesting your wallet address.
  2. Enter Wallet Address: Copy and paste the wallet address you want to monitor on Venus.
  3. Choose Service: Click on “Monitor DeFi Position Health.”
  4. Select Chain: Choose BSC/ETH/OPBNB.
  5. Select Platform: Choose VENUS.
  6. Set Alert Threshold: Specify the borrow limit threshold for receiving alerts and click Send.
  7. Set Alert Frequency: Choose the frequency (e.g., 60 seconds) for receiving alerts.
  8. Activate Trial: Your trial registration is activated, and you will receive a unique Registration number.
  9. Receive Alerts: You will begin receiving notifications when your borrow limit reaches the set threshold.
  10. Trial Period: After the 7-day trial, the bot will notify you about the expiration of your subscription. Follow the steps to renew your subscription.
Managing Alerts
  1. View Registration Info: Select /Reginfo from the menu to view and manage your alerts.
  2. Change Alert Threshold: Locate the registration you want to modify and update the alert threshold.
Renewing Subscription and Payment
  1. Renew Subscription: Click on the “Renew” button link of your registration after the trial ends.
  2. Complete Payment: Transfer $VAI 19.95 to the required wallet address. Ensure the payment is sent from the monitored address.

How to get (BEP20) VAI?

  1. Mint VAI: If you are a Venus Prime holder you can Mint VAI on Venus DApp.
  2. VAI PSM: Swap easily from USDT to VAI using VAI PSM DApp.
  3. Buy on PancakeSwap: Swap your tokens on PancakeSwap.

Support and Contact

If you have any questions or need assistance, please reach the DeFiNotify Telegram support group here. For more information, visit the Definotify Bot Website, or follow them on Twitter.

Stay tuned for more updates and new features from Definotify to further enhance your DeFi journey!

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