We are proud to announce the partnership between CHARLI3 and Vy-Finance which will provide accurate price data feeds, help improve the standard of our platform, and deliver this data to off chain sources.
We will also be working with CHARLI3 to develop new tools for the integration of our neural net, with their network. An example of this includes a derivative instrument for the management of impermanent loss risk across multiple liquidity pools. We are currently working on a proof of concept for this.
In these exciting last few months before the Alonzo launch, we look forward to working with CHARLI3 — a company as passionate as us when it comes to the power of DeFi and the Cardano ecosystem.
About Vy-Finance
We here at Vy-Finance have a mission to bridge the gap between traditional payment infrastructure and the blockchain. Our goal is to bring the power of DeFi (decentralised finance) to the world! We strive every day to enable ordinary people to build the necessary skills needed to interact safely with DeFi.
Vy-Finance’s ecosystem — the Vecosystem — will be broken down into three layers — DEx (decentralised exchange), the AH (Auto-Harvester), and the typical Swap. The DEx will contain liquidity provisions, and an exchange. The AH is a neural net designed to manage liquidity provisions on behalf of users, by staking Cardano (ADA) or VyFi (our native token) on our AHs’ smart contracts. The typical swap is what most DeFi have. There is another feature coming down the line as well…
About CHARLI3
CHARLI3 is a decentralized oracle for the Cardano network that interacts with resources outside of the blockchain. CHARLI3 is a powerful intermediary using smart contracts to interface with off-chain data in an efficient and decentralized manner. By being native to Cardano’s blockchain, it will have the lowest barrier to entry for functioning as the standard decentralized oracle of all Cardano based projects. CHARLI3 will be the clear choice for any project building on the Cardano blockchain.
Learn More, and Keep in Touch:
Join our Discord, which is also a Crypto Trading discussion hub:
https://discord.gg/HanyX7bGZ5
For VyFi-focused chat only, check out our Telegram:
Chat: https://t.me/vyfinance
Announcements: https://t.me/vyfiannounce
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