One Ring Will Leverage Yield Monitor To Deploy Data-Driven, Automated DeFi Investments
One Ring offers DeFi investors a variety of stablecoin strategies that maximize returns across staking, lending, and yield-farming protocols. One Ring’s investment offerings launched in early 2022 and are initially being offered across the Binance, Ethereum, Fantom, and Polygon blockchains.
One Ring intends to expand their investment strategies to additional mainnets and DeFi ecosystems, but understands that building internal multi-chain solutions require a great deal of development and monetary investment.
To approach this problem, one thing that’s really needed is reliable — and fast — on-chain data. Since One Ring seeks the most promising yield source with the best [financial returns], the data needs to be as accurate and up-to-date as possible. Taking into consideration One Ring will be adding more and more networks to the multi-chain product, all of this data needs to be acquired for every protocol on every chain integrated. This could be done by a very ambitious and hard working research team, and we’ve found that with Yield Monitor. If you want to yield them all, you have to monitor them all. — One Ring Finance
One Ring will leverage Yield Monitor’s database to gather accurate on-chain price data for all of One Ring’s stablecoin investments. Yield Monitor’s advanced cross-chain trade routing will confirm One Ring’s assets are moved strategically and efficiently across the highest-earning LPs and Yield Farms to ensure One Ring investors and token holders generate the highest possible yields across their investments.
Having access to rapid cross-chain pricing data means One Ring can focus on product scaling and more value-adding features to increase market share and attract new investors. As Yield Monitor expands to onboard more mainnets and DeFi products, One Ring will leverage these new opportunities to further maximize stablecoin investment yields.
ABOUT One Ring
One Ring is the first multi-chain cross-stablecoin yield optimizer in the space. The goal of One Ring is to take away the complexity of DeFi 2.0 and make things easy for the user.
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ABOUT Yield Monitor
Yield Monitor is a multi-chain database toolkit for DeFi investors and developers. For investors and traders, Yield Monitor offers asset price, volume and order book data, and an expanding lineup of LP charting and portfolio tracking tools.
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