Balance Check Trigger
The Balance Check trigger block activates based on specified balance conditions for a selected account and token. This setup is useful for automations that rely on maintaining or monitoring token balances, enabling automated responses to specific balance thresholds.
Trigger Type: Options include "Mode Balance Check" and "Binance Balance Check".
Mode Balance Check: Activates when the MODE token balance for a specified address falls below a certain threshold.
Binance Balance Check: Activates when the Binance hot wallet balance for a specific token falls below a defined threshold.
Network:
Allows users to select the blockchain network (e.g., Ethereum) on which the balance check should be conducted. Ensures that the balance monitoring is restricted to the specified network.
Account:
This field specifies the wallet or account address for which the balance will be monitored. Entering a valid address is essential to ensure the trigger monitors the intended account’s balance accurately.
Contract Address:
Requires the smart contract address of the token to monitor (e.g., USDT). This ensures the trigger checks the correct token's balance for the account on the selected network.
Condition:
Defines the comparison operator to apply to the balance. Available options include:
<: Trigger activates if the balance falls below the specified value.
>: Trigger activates if the balance exceeds the specified value.
Comparison Value:
This is the threshold value against which the account balance is compared. The automation triggers when the account balance meets the specified condition relative to this value (e.g., balance falls below 700 USDT).
These fields allow users to customize balance checks precisely, enabling automated monitoring and alerts based on specific token balance thresholds. This feature is ideal for maintaining minimum balances or ensuring funds are sufficient for ongoing strategies.
Last updated