🔑Filters In Action
SpyDefi PRO (filters) is a blank canvas tool, allowing users to sculpt it to see what they want, when they want.
Here we will delve into two worked examples of applications of the filters for the purpose of deeper understanding.
1) 🔮 Tapping into emerging trends/metas
The DeFi space often revolves around fast paced shifts in trends and metas, either fuelled by external viral trends, or notable projects that spur on the creation of ones similar in ilk.
EXAMPLE
Let's say that there was renewed interest around the meme stock 'GME' across social media and legacy media, this may also generate interest in the Web3 world around the same topic.
For filters users, they can act quickly, in hope of being alerted on any projects launched revolving around this narrative.
Through the 'Word Scanning' tool, users can may add some custom words, that may appear in the posts of KOLs about this subject.
Perhaps the user would rather just find projects with the letter string 'GME" in, and add that parameter instead.
Combining the above with a short maximum pair age for example of '20 minutes' and a consistency % score of their preference, the user will be well positioned within minutes to be alerted of any signals that pertain to this emerging trend.
2) ⌛️ Quality Over Quantity
The temptation from many users are to adjust the parameters so there is a significant flow of alerts, often borne out of impatience or a desire for instant gratification.
Others may opt for a more calculated approach, slowly building up their parameters settings, curating and monitoring, adjusting after adding each new until they have stringent settings that are delivering the type of signals they want to see. The signals may be very infrequent but for the user they have significantly cut out the 'noise' and are delivering the profile of KOL/project they desire to see.
EXAMPLE
Let's say a user has a penchant for utility projects on ETH, they may build up their settings slowly until they reach a curated feed that sends a handful of signals a week (market dependent).
They may achieve this by combining a high chain specific consistency %, selecting ETH chain solely, and perhaps even including some words in the word scanning tool, for example 'utility' 'building'.
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