Smart contract automator Gelato brings liquidity management to Zerion
The partnership enables Zerion’s retail users to provide liquidity without the fear of volatility. Gelato Network, a protocol that automates smart contract executions on Ethereum (ETH), has integrated with DeFi aggregator Zerion to help users better manage liquidity when interacting with decentralized exchanges like Uniswap. The partnership enables Zerion’s over 200,000 monthly active users to have their Uniswap v3 positions managed automatically, Gelato Network announced Tuesday. “With this integration, Zerion has become the go-to DeFi aggregator to natively offer fungible Uniswap v3 LP....
Related News
Gelato aims to simply DeFi by automating smart contract operations and helping users rebalance their portfolios. Smart contract automation network Gelato has become the latest to receive big backing from crypto venture capital giants.Gelato has raised $11 million in a Series A funding round led by Dragonfly Capital and with participation from ParaFi Capital, Nascent, IDEO CoLab Ventures, and Aave founder Stani Kulechov.The funds were raised through a closed-door token sale and will go toward onboarding more blockchains to the network and increasing its staff from the current team of....
The new system will rebalance Uniswap v3 positions every half hour, allowing users to reap additional fees with less single-sided liquidations. While Uniswap’s highly-touted v3 has been racing to the top of TVL charts as of late, the need for active management has kept some retail participants out of their pools — a problem that a new product from the Gelato Network is aiming to fix. First teased in a community call last week, the Gelato Network has released today the details of their “G-UNI” Uniswap v3 management system. G-UNI aims to perpetually maintain a liquidity range of 5-10% within....
Solidity and EVM make smart contracts available to every developer out there, regardless of experience. This is a good way to boost innovation in the smart contract space, but may not yield the best results in the initial stages. The recent debacle surrounding The DAO has shed an interesting spotlight on smart contract technology. Since individual developers wrote the entire concept of this project, it looks like smart contracts are not completely trustless. There is still a lot of work to be done before this technology is ready for mainstream adoption. Not everyone is capable of – or....
After reading this article, you will find out how you can trade on the world’s most popular Binance exchange without any commissions at all and at the same time have additional passive income. This is exclusive but rather intricate information, so please be patient and let’s dive deeper. The platform we will talk about is Nominex. Previously, it was just a centralized exchange, but now it is a whole ecosystem that has already brought several unique products to the market, including ones in the currently popular DeFi direction. What is Farming in a nutshell For an average person, DeFi....
IBM announced that it has signed a contract with the Bank of Tokyo-Mitsubishi UFJ (BTMU) to apply blockchain technology to the design, management and execution of contracts among business partners. The first pilot projects will automate business transactions between the two companies. The BTMU, a member of Mitsubishi UFJ Financial Group Inc. (MUFG), is Japan's premier bank and has a worldwide presence. The project is built on the Hyperledger fabric to use a blockchain for real-life contract management on IBM Cloud. The Hyperledger fabric is an open-source blockchain technology platform....