YIN Finance partners with PARSIQ to harness for Mining and Liquidation Alerts

YIN Finance Team
YIN Finance
Published in
2 min readJul 29, 2021

We are excited to announce a partnership with next-generation blockchain analytics platform PARSIQ, which will improve the off-chain communication of on-chain liquidation information to YIN’s users.

YIN+PARSIQ

YIN is a multi-strategy proactive liquidity management platform, and PARSIQ makes it easy to monitor on-chain data in real time and create automated workflows for off-chain apps and devices by setting up PARSIQ “Smart-Triggers”.

Most DeFi mining projects require active user monitoring and managing liquidities, this could easily lead to missed liquidations, resulting in assets continuing to be staked on the platform but generating no rewards. YIN Finance serves as a platform to actively help users manage and provide liquidity, YIN will harness PARSIQ’s infrastructure to deliver on-chain data directly to users automatically and reliably through social media channels such as Telegram, Discord and Email. This will enable Yin to effectively notify users of important information about liquidity positions.

Stay tuned for more information on YIN Finance and PARSIQ social media respectively.

About PARSIQ

PARSIQ is a blockchain monitoring and workflow automation platform that serves as a multi-level bridge between blockchains and off-chain applications. PARSIQ technology is a proprietary ParsiQL programming language that allows users to monitor and interpret an endless stream of data on the blockchain; thus, it’s possible to monitor traders and ordinary users’ wallets.

Website | Blog | Twitter | Telegram | Instagram | YouTube

About YIN Finance

YIN Finance is a multi-strategy NFT liquidity management platform that allows users to subscribe to the project’s strategy to achieve effective high yield liquidity management. YIN Finance aims to provide proactive liquidity management services on different public chains and decentralized exchanges. Currently, we are deployed on Ethereum and will be deployed on Polygon and Solana soon. (Note: We’ve already received a grant from Polygon)

Deck| Website| Twitter| Docs

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