Register a condition and transaction to run when that condition is true (for example see ETH when its price > $5K on Uniswap). Anyone else can call that transaction when that condition becomes true.
Currently, you need to run a transaction yourself whenever an event occurs. The project lets you incentivize others by registering that event as a condition and then letting them run that transaction on your behalf.
Developing a UI was difficult so we used scaffol-eth which comes with a default UI.