Ascent Exchange Partners with ICHI to Make Liquidity Provision a Breeze on Horizen EON!
Ascent Exchange users can easily deposit their tokens and enjoy the benefits of automated liquidity management and diversified portfolio growth.
Ascent Exchange, the cutting-edge liquidity layer on Horizen Eon, has joined forces with ICHI, a top DeFi protocol, to make providing liquidity on Ascent Exchange more accessible through ICHI Yield IQ Vaults.
This partnership will allow Ascent Exchange users to earn sweet returns on their assets through ICHI’s innovative automated liquidity management system.
Head to our Single Token Deposit Vaults and Start Earning High Yield TODAY! 🤩
🌐https://ascent.exchange/vaults
You can now start earning rewards on your crypto assets without the hassle of managing liquidity pools.
With ICHI Yield IQ Vaults, simply deposit your tokens and let ICHI’s smart algorithms do the work. They’ll automatically allocate your tokens to Ascent’s Concentrated Liquidity pools (V3), maximizing your returns with passive auto-compounding of generated fees.
Unlock the power of “ICHI Single Token Yield IQ Vaults” with Ascent Exchange!
The following pairs are available and ready for anyone who wishes to provide liquidity using Ascent Exchange ICHI Yield IQ Vaults.
- ZUSD-wZEN
- wZEN-BTC
- wZEN-ETH
- USDC-ETH
- ETH-BTC
- USDC-USDT
- wZEN-AVAX
- wZEN-USDT
- wZEN-USDC
- wZEN-wETH
- wZEN-wBTC
What are Ascent Exchange ICHI Yield IQ Vaults?
Ascent Exchange ICHI Vaults integration lets users deposit a single asset and have it automatically allocated to a concentrated liquidity pool, maximizing their earnings while minimizing the risk of impermanent loss. The main goal of this strategy is to grow your initial deposit while keeping its share within the range of [65%–95%] to minimize exposure to the other token in the LP. This simplified approach to liquidity provision will make it easier for Ascent Exchange users to dive into DeFi and generate passive income.
ICHI’s Innovative Approach with Yield IQ
Impermanent loss occurs when the value of assets you’ve deposited in a liquidity pool decreases due to price fluctuations, compared to if you had simply held onto them. ICHI addresses this through its Yield IQ system, which expertly manages concentrated liquidity to minimize such losses. It features Auto Risk Management, employing over 25 market indicators to guard against abrupt market shifts, thus preserving your asset value while allowing you to benefit from trading fees.
The integration of ICHI Vaults into Ascent Exchange marks a significant step forward in the growth of the Horizen Eon ecosystem. By leveraging ICHI’s DeFi expertise, Ascent Exchange is expanding its capabilities and boosting its value proposition for users.
What is ICHI?
ICHI is a trustless market-making protocol that enables the use of sophisticated algorithmic strategies on Uniswap V3. With its fully automated Yield IQ vaults, ICHI allows all token holders to earn from liquidity provision. True to the spirit of DeFi, Yield IQ is governed by a self-executing smart contract, ensuring impartiality and decentralization. This ensures unrestricted, permissionless access and unalterable protocol behavior, serving as a truly decentralized financial tool.
Learn more by visiting the ICHI Website, Medium, Twitter or Telegram.
What is Horizen EON?
EON stands as a beacon of innovation within the blockchain space. It is a fully EVM-compatible sidechain and smart contract platform, engineered for massive scalability. EON facilitates swift access to Horizen’s burgeoning ecosystem, with features like the Cross-Chain Transfer Protocol (CCTP) and zkSNARKs enabled permissionless cross-chain communications. Horizen itself, the powerhouse behind EON, guarantees a secure, reliable, and robust environment with a vast node network for decentralization, zero downtime, and enhanced security measures against 51% attacks. To find out more about Horizen ecosystem, please vist eon.horizen.io/
About Ascent Exchange
Ascent Exchange is the Next-Gen Liquidity Layer on Horizen Eon. At our core, we are driven by a community-centric approach, unyielding commitment to decentralization, scalability, security, and innovation-driven functionality. These foundational principles underscore our journey towards excellence in decentralized finance.
Quick Links:
Link3: https://link3.to/ascen t
Website: https://ascent.exchange/
Telegram: https://t.me/ascentexchange
Discord: https://discord.gg/ascentdex
Documentation: https://docs.ascent.exchange/
