DeFi aggregator Zerion integrates Gelato to execute automatic smart contracts

DeFi aggregator Zerion integrates Gelato to execute automatic smart contracts

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Zerion, Decentralized Finance (DeFi) Aggregation platform, Today announced that it has integrated the Gelato Network, a protocol that automatically executes smart contracts on networks such as Ethereum.

G-UNI, an automatic liquidity provision ERC-20 framework Uniswap v3, Will allow Zerion users to automatically manage their Uniswap v3 positions to maximize their returns.

The DApp supported by Gelato Network provides users with the same functions as professional liquidity providers by automating the process of fee compounding and rebalancing around the current price.

Gelato Network aims to solve the problems of lack of reliability, complexity and centralization of dApps. These applications hope to provide users with automated smart contract execution through their plug-and-play, decentralized robot network-to execute these transactions on their behalf.

Now, with these new G-UNI pools on Zerion, the project can provide new Capital efficiency liquidity Define the mining program of Uniswap v3.

“Gelato Network is very pleased to cooperate with Zerion to provide automated smart contract services within their platform. G-UNI provides seamless liquidity through robots that automatically reinvest fees and automatically rebalance ranges to maximize the depth of liquidity; The positions of liquidity providers are interchangeable, similar to how Uniswap v2 LP positions work.”
– Hilmar Maximilian Orth, legendary member of Gelato Network

recent, Ice cream net Launched G-UNI positions within the InstaDapp platform as part of its governance token. Soon, Zerion and Gelato Network intend to deploy more Uniswap v3 mining pools; so that users can provide liquidity for a large number of currency pairs.

“Zerion is committed to providing users with the most comprehensive trading platform. We believe this integration with Gelato will yield huge benefits to millions of decentralized financial users. We will continue to explore integration, which will enable us to provide first-class DeFi interface.”
– Evgeny Yurtaev, CEO and co-founder of Zerion

First, Zerion will allow users to deploy liquidity on 5 stablecoin pairs, including:

  • DAI / USDCUSDC / USDT
  • FEI/USDC
  • DAI / USDC
  • FRAX/USDC

As one of the most successful DeFi aggregation interfaces (currently tracking more than 60 protocols), Zerion has accumulated more than 200,000 active users and has a monthly transaction volume of more than 750,000,000 US dollars. In addition, Zerion provides users with non-custodial access to DeFi and supports the transaction of all Ethereum-based assets.

Earlier this month, Zerion raised $8.2 million in Series A financing. The financing was led by Mosaic Ventures, with participation from Placeholder, DCG, Lightspeed, Blockchain.com Ventures and others.

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