Kromatika users on Polygon can now use on-chain limit orders which automatically execute under predefined conditions supported by a robust decentralized network of Chainlink oracle nodes.

For more information about the key benefits of Chainlink Keepers and how its smart contract automation services help power limit order functionality, view their past announcement.

Kromatika aims to become a leading DEX across the Ethereum ecosystem by providing users with the best functionality and user experience available in Web3. In practice, this means that users can trade with zero frontrunning bots, zero slippage, and zero swap fees. By expanding its Chainlink Keepers integration to Polygon, they are able to offer limit order functionality to hundreds of thousands of new users on the Polygon network at lightning-fast speeds and low cost.

“Chainlink empowers DeFi protocols to build innovative products and expand their user bases across the multi-chain ecosystem. Limit orders are a fundamental exchange feature, and Kromatika’s integration of Chainlink Keepers on Polygon brings this capability to a host of new users.” — Tomasz Wojewoda, Head of Global Sales at Chainlink Labs.

“As a blockchain-agnostic decentralized oracle network, Chainlink helps us move fast toward our goal of bringing the Kromatika experience to the entire Ethereum ecosystem. Limit orders are a staple in traditional finance, and we’re excited to finally bring them to Polygon.” — Arnold Guetta, Chief Strategy Officer at Kromatika Finance.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

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About Kromatika
Kromatika is a decentralized trading protocol enabling crypto traders to execute limit orders on top of the Uniswap DEX. This feature alone makes it a useful dApp by itself, but the real innovation is the ability to trade without any swap fees, without any price slippage, and with no risk of front-running bots.

The Kromatika protocol code is open-source and hosted on GitHub under the GPLv3 license. We invite open-source contributors to join, help improve and support the growth of this protocol to push the project forward.

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SOURCE: https://blog.kromatika.finance/kromatika-expands-chainlink-keepers-integration-to-polygon-unlocking-automated-on-chain-limit-dd18c491fb3e

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