Armadillo, a multi-chain impermanent loss (IL) protection solution powered by the Crypto Volatility Index (CVI) from COTI, will be using Chainlink Keepers on Polygon to automate IL protection payout.
CVI operates a basket of volatility products, including Armadillo’s impermanent loss protection.
The CVI team developed a toolbox of decentralized risk management solutions that are applicable and relevant in today’s highly dynamic crypto markets. Armadillo’s impermanent loss protection is just one recent addition to this toolbox and looks to be one of the most promising solutions for liquidity providers.
CVI + Chainlink Keepers
Chainlink Keepers supports secure and cost-efficient automated payouts to liquidity providers (LPs) for their incurred impermanent loss. As a result, the payout of impermanent loss p ..
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