Orbs Integrates with Chainlink to Create Flash Loan-Proof Si

Orbs Integrates with Chainlink to Create Flash Loan-Proof Single-Sided Farming Protocol


Place/Date: Tel Aviv, Israel - May 13th, 2021 at 1:03 pm UTC · 4 min read
Contact: Press,
Source: Orbs
Photo: Orbs
Orbs, the project at the nexus of enterprise and DeFi, is integrating with tamper-proof Chainlink Price Feeds oracles to secure its unique single-sided exposure yield generation protocol, the Liquidity Nexus.
Liquidity Nexus is the DeFi protocol that lets different counterparties split the potential rewards, as well as the risks from impermanent loss, when providing liquidity on Automated Market Maker (AMM) exchanges like Uniswap. Normally, most farming incentives rely on pool tokens, which require users to divide their capital into two separate assets, for example Ether and USDC. Such exposure profiles force ETH holders to sell a portion of their assets to enter the pool, thus potentially missing out on more than half of the gains they would have if they simply held onto the Ether. At the same time, many asset managers prefer remaining exposed only to USD and collect a safe and predictable yield, but the pool token mechanism leaves them unable to do so.

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