Dyson is Building on Chronos

Published on: 27.07.2023
Dyson is Building on Chronos

Dyson is Building on Chronos, aims to maximize yield by managing liquidity actively, rather than the traditional passive management of assets.

Active Liquidity Management on Chronos

Dyson has integrated an Active Liquidity Manager within the Chronos ecosystem. This unique integration aims to maximize yield by managing liquidity actively, rather than the traditional passive management of assets. By continually monitoring and adjusting the liquidity provided based on market conditions, Dyson ensures optimal returns for liquidity providers. As Dyson is Building on Chronos

Chronos, being a scalable and interoperable DEX, provides the perfect environment for Dyson’s active liquidity management. The low latency and high throughput of Chronos allow Dyson to make quick and efficient adjustments to liquidity pools, ensuring that liquidity providers always get the best possible returns.

Rebalancing Saved

Rebalancing is a critical aspect of concentrated liquidity that incurs substantial costs. Dyson has integrated systems that save on rebalancing, allowing for more fees to be realized.

Instead of manually adjusting the liquidity or rebalancing the liquidity pool, Dyson’s smart contracts automate the process. This automation reduces the gas fees associated with frequent transactions, which typically eat into a user’s profits. By saving on rebalancing, Chronos users can enjoy higher net returns.

Conclusion

Dyson’s integration with Chronos represents a significant step forward in the DeFi space. Through the approach to liquidity management, low fees, and user-friendly features, Dyson seeks to position itself and our partners as flagships in the DeFi landscape. As their partnership continues to develop and introduce new features like their smart vaults, Dyson promises to bring unprecedented levels of accessibility and efficiency to the world of decentralized finance.

­

ABOUT Chronos

Chronos Finance is a community-driven liquidity layer & AMM on Arbitrum, that self-optimizes to drive liquidity to the highest volume pairs.

Website | Twitter

­

SOURCE: MEDIUM
REQUEST AN ARTICLE
Market Stats:
BTC Dominance: 53.41%(-0.11%/24h)
ETH Dominance: 16.4%(+0.18%/24h)
Defi Market Cap: $86.37B(-14.19%/24h)
Total Market Cap: $2318.5B(-2.18%/24h)
Total Trading Volume 24h: $60.6B(-21.60%/24h)
ETH Market Cap: $380.47B
Defi to ETH Ratio: 22.7%
Defi Dominance: 3.54%
Altcoin Market Cap: $1080.18B
Altcoin Volume 24h: $37.21B
Total Cryptocurrencies: 29436
Active Cryptocurrencies: 9843
Active Market Pairs: 82434
Active Exchanges: 754
Total Exchanges: 8388
BTC: 62912.91$(-0.01%/1H)
ETH: 3115.02$(0.07%/1H)
AVAX: 34.09$(0.15%/1H)
BNB: 593.31$(-0%/1H)
MATIC: 0.7$(0.21%/1H)
FTM: 0.69$(-0.45%/1H)
ADA: 0.45$(0.14%/1H)
DOT: 6.64$(-0.18%/1H)
UNI: 7.65$(-0.23%/1H)
CAKE: 2.72$(0.12%/1H)
SUSHI: 1.02$(-0.48%/1H)
ONE: 0.02$(-0.09%/1H)