ICHI partners with Chainlink
ICHI partners with Chainlink Automation to Power Deep-Liquidity Vaults. ICHI is leveraging Chainlink Automation to securely and cost-efficiently trigger ICHI Vault concentrated liquidity rebalances. As a result, Vault depositors can benefit from efficient liquidity concentration, more Vaults, and increased trading fees. The Chainlink Automation Network is operated by the same pool of time-tested, provably reliable node operators that 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 rebalances are executed on time in a trust-minimized manner, giving users additional guarantees that it will function strictly as intended. Currently, decentralized exchanges (DEXs) like Uniswap v3 lack sophisticated and decentralized market-making infrastructure, resulting in inefficiencies compared to centralized exchanges (CEXs). As a result, most trading volume still occ...