ACryptoS Integrates Chainlink Automation and Price Feeds to Help Power Concentrated Liquidity Management
We’re excited to announce that ACryptoS — with our latest Automated Concentrated Liquidity Manager (ACLM) vaults — have integrated Chainlink Automation and Chainlink Price Feeds on Arbitrum, BNB Chain, Optimism, and Polygon. We are leveraging Chainlink Automation and Price Feeds to securely and cost-efficiently automate our Uniswap V3 strategies, helping to rebalance the ranges and positions of our vaults behind the scenes. As of now, we’re actively managing more than $2M in TVL via our ACLM vaults.
We decided to decentralize ACryptoS’ ACLM rebalancing function using Chainlink Automation and Price Feeds because they are operated by the same pool of time-tested, provably reliable node operators that currently help secure tens of billions of dollars in DeFi, even during record levels of network congestion and extreme volatility. The proven infrastructure of Chainlink helps ensure that every ACLM vault rebalancing is executed on-time in a trust-minimized manner, giving users additional guarantees that it will function exactly as intended.
ACryptoS’ ACLM aims to achieve the highest, most sustainable yields possible when managing liquidity and risks. Our innovative platform features:
- Aggressive strategies and tight ranges: Achieving a much higher APY than other liquidity managers.
- The ability to zap in with just one token: This makes it easy for users to get started with ACLM without having to calculate ratios and provide two different tokens.
- Fully automated vaults: Once you have deposited, there is no further action required.
By using Chainlink Automation, ACryptoS’ ACLM is able to automate the whole process of rebalancing the Liquidity Manager vaults. No manual rebalancing is required from users.
Chainlink Automation is a decentralized service purpose-built to manage tasks on behalf of smart contracts. Chainlink Automation serves as a decentralized, hyper-reliable, and economically incentivized automation bot that wakes up smart contracts when they need to perform critical onchain functions, which usually take place at regular time intervals (e.g., every day at the same time) or based on external events (e.g., when an asset hits a specific price).
Some of the notable features of Chainlink Automation include:
- Highly reliable, performant, and decentralized automation — Chainlink Automation ensures transactions are identified and confirmed quickly even during periods of heavy network congestion by leveraging Chainlink’s battle-tested transaction manager.
- Time-tested infrastructure that helps save costs — Chainlink Automation enables us to eliminate in-house automation infrastructure costs, reduce resources spent on DevOps, and increase speed and efficiency.
- Built to enable faster scaling — Chainlink Automation enables us to scale faster and avoid the challenges that come with building and maintaining the infrastructure needed to reliably automate across multiple chains.
- Unlocks new use cases — With smart contract automation, we’re able to explore new use cases and unlock capabilities that would otherwise not have been possible.
High-quality, tamper-proof market data from Chainlink Price Feeds helps ensure that our ACLM vaults are able to adjust liquidity positions and ranges based on price fluctuations. This helps provide our users with stronger assurances that the ACLM vaults are constantly ensuring the best yields are achieved.
“We’re excited to integrate the industry-standard Chainlink Automation and Price Feeds to help power our ACLM strategies. Security is paramount for ACryptoS, which is why leveraging Chainlink’s highly secure, reliable, and decentralized Web3 services is a must for our protocol.”
— BKT, BizDev at ACryptoS
Stronger together. More to come.
About Chainlink
Chainlink is the industry-standard Web3 services platform. It has enabled trillions of dollars in transaction volume across DeFi, on-chain finance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink empowers developers to build feature-rich Web3 applications with seamless access to real-world data, off-chain computation, and cross-chain interoperability across any blockchain, providing global enterprises with a universal gateway to all blockchains.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.
About ACryptoS
1️⃣ Automated Conc. Liquidity Management (ACLM)
2️⃣ No IL Single-Token vaults.
Using effective code + advanced strategies, we achieve efficient liquidity for DeFi protocols, and bring sustainable APY to users.
Learn more about ACryptoS by visiting www.acryptos.com or reading our documentation at docs.acryptos.com
Main community chat at t.me/acryptos
