ICHI Partners with RAMSES Exchange on Arbitrum

ICHI
ICHI
Published in
4 min readDec 18, 2023

Bringing single-sided liquidity provision vaults to more users in the Arbitrum ecosystem.

Blockchain trading has undergone significant evolution in recent years, but one aspect that has remained a challenge is liquidity provision. Decentralized exchanges (DEXes) have typically struggled to match the liquidity and efficiency of their centralized counterparts. However, DeFi is evolving fast and more projects are coming out with innovative ways to increase capital efficiency, making more liquid markets for all participants.

RAMSES, the native liquidity layer on Arbitrum, takes a unique approach on ve(3,3) Decentralized Exchange infrastructure with innovative concentrated liquidity (CL) and Bribe Infrastructure. RAMSES offers enhanced capital efficiency and tokenomics that allow protocols to bootstrap liquidity on Arbitrum, while providing users with the best trading experience.

ICHI x RAMSES: A Powerful Partnership

ICHI is teaming up with RAMSES Exchange to bring optimized liquidity provision to the RAMSES community on the Arbitrum chain. One of the key highlights of this partnership is the availability of vaults for single-sided liquidity provision through the RAMSES frontend. These vaults offer users a unique opportunity to participate in liquidity provision on the Arbitrum chain, with a range of assets and pairs to choose from. Let’s take a closer look at these vaults:

These vaults represent various trading pairs, allowing users to provide liquidity with their preferred assets, all single-sided! What does this mean? It means you only need one side of the pair i.e. USDC to earn more of it as ICHI’s Yield IQ algorithm optimizes the concentration of your deposit token.👌

Understanding Concentrated Liquidity

Unlike traditional liquidity pools, where liquidity is spread across a wide range of prices, CL allows liquidity providers to concentrate their assets within a specific price range. RAMSES not only introduces CL but also incorporates a unique Bribe Infrastructure, making liquidity provisioning even more efficient. RAMSES is already generating substantial weekly revenue, a portion of which is designated for veRAM holders. It can generate impressive returns, with $1 in fees and bribes for each $1 in total value locked (TVL). This performance, combined with CL, transforms liquidity provision into a highly competitive activity.

LPs on RAMSES pools are incentivized to maintain tighter spreads to secure a larger share of rewards. This competition leads to deeper liquidity pools and attracts higher trading volumes, reminiscent of the competitive nature of market-making in traditional financial markets.

Benefits for veRAM Voters

In RAMSES pools, trading fees are shared among LPs, voters, and the ecosystem fund. veRAM voters capture a significant portion of these fees, ranging from 75% to 90%, while LPs earn between 10% and 25%. The ecosystem fund receives 0% to 5% of the fees. This fee structure encourages LPs to participate in RAMSES CL pools, as the potential for higher earnings is significant.

The Impact of RAMSES in DeFi

Ve(3,3) DEXs have already made liquidity provisioning competitive by introducing emissions, but RAMSES takes this to the next level. It creates the most competitive liquidity provision market in the DeFi space.

This opens up exciting opportunities for various participants:

  1. Specialized market makers can provide liquidity.
  2. Builders can develop yield and asset management services.
  3. Projects can incentivize deeper liquidity by offering bribes to RAMSES CL pools.
  4. Average liquidity providers can pursue higher yields by participating in RAMSES CL pools.

Looking Ahead

The partnership between ICHI and RAMSES is poised to bridge the gap between DEXes and traditional exchanges. By enhancing liquidity provisioning and competitiveness, RAMSES can attract higher trading volumes, benefiting veRAM holders, LPs, and traders. RAMSES remains committed to sustainability and capital efficiency, making it a powerful force in the DeFi ecosystem.

About RAMSES

RAMSES is the native liquidity layer on Arbitrum, revolutionizing ve(3,3) Decentralized Exchange infrastructure. RAMSES offers unparalleled capital efficiency and innovative tokenomics, creating a robust decentralized economic system within the Arbitrum ecosystem. Join the RAMSES community and be part of this liquidity revolution today.

About ICHI

ICHI is a trustless market-making protocol that enables the use of sophisticated algorithmic strategies on Uniswap V3. With its fully automated Yield IQ vaults, ICHI allows for all token holders to earn from liquidity provision. True to the spirit of DeFi, Yield IQ is governed by a self-executing smart contract, ensuring impartiality and decentralization. This ensures unrestricted, permissionless access and unalterable protocol behavior, serving as a truly decentralized financial tool.

Learn more by visiting the ICHI Website, Medium, Twitter or Telegram.

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