At Brink, we are building critical infrastructure for conditional orders on DeFi. Brink is a fully permissionless, decentralized, and community-driven project that allows users to execute conditional orders against any on-chain liquidity source. This will allow us to bring the following features (and more) to DeFi:

Conditional orders (limit orders, stop-losses, one-triggers-the-other, etc.). This is important for many reasons, but consider that in traditional markets, 95% of institutional equity volume uses conditional orders.

Liquidity provider protection. Brink is developing a type of conditional order that can be set by the user to help protect from impermanent loss and general loss associated with being an (LP) liquidity provider. Executors on the Brink network will monitor the following variables in a user’s LP position: (1) the value of the pooled assets, (2) impermanent loss (IL), (3) pool liquidity, and (4) pool share/dilution. These executors can automatically liquidate the position if any of these parameters trigger the user’s predefined, custom threshold.

Transaction management. Brink account owners only need to sign and broadcast their orders. Executors pay gas for transactions to be executed and they profit by arbitraging between the order price and AMM liquidity.