Chainlink Automation Helps SteakHut Control Liquidity

Published on: 25.03.2023
Chainlink Automation Helps SteakHut Control Liquidity

Chainlink Automation Helps SteakHut Control Liquidity live on the Arbitrum and Avalanche mainnets.

Chainlink Automation Helps SteakHut Control Liquidity is the most reliable Web3 automation service for SteakHut to monitor smart contracts and perform advanced liquidity management. mation Network’s node operators secure billions of dollars in DeFi.

SteakHut provides a decentralized market-making platform to optimize and automate liquidity positions. SteakHut Finance is creating the “liquidity layer of Web3”.

Trader Joe’s Liquidity Book automates liquidity techniques and provides deep, capital-efficient protocol liquidity.

Chainlink Automation allows SteakHut to securely and reliably trigger the rebalancing of liquidity positions.

  • Highly reliable, performant, and decentralized automation — Chainlink Automation ensures transactions are identified and confirmed quickly even during periods of heavy network congestion by leveraging Chainlink’s battle-tested transaction manager.
  • Time-tested infrastructure that helps save costs — Chainlink Automation enables us to eliminate in-house automation infrastructure costs, reduce resources spent on DevOps, and increase speed and efficiency.
  • Built to enable faster scaling — Chainlink Automation enables us to scale faster and avoid the challenges that come with building and maintaining the infrastructure needed to reliably automate across multiple chains.
  • Smart contract automation enables us to explore new use cases and unlock capabilities that would otherwise not have been possible.

About Steakhut

SteakHut Finance is an Avalanche native yield and liquidity aggregator. SteakHut offers a diverse portfolio of tools for individuals, and protocols to unlock the full potential of DeFi.

Website Twitter

About Chainlink

Chainlink decentralized oracle network supports Web3 apps & hybrid smart contracts. Offers global enterprises and data providers may access to all blockchains. Chainlink secures tens of billions of dollars across DeFi, insurance, gaming, NFTs, and other major industries.

Website | Twitter 

SOURCE: https://medium.com/@SteakHut/steakhut-integrates-chainlink-automation-to-support-automated-liquidity-management-28d02ac78ce8

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