Sharpe Integrates Chainlink Keepers to Help Automate Deposits and Rebalances in Investment Vaults.

Sharpe Labs
3 min readJul 11, 2022

We’re excited to announce that Sharpe, a Web3 asset management protocol, has integrated Chainlink Keepers live on the Polygon mainnet. Sharpe is leveraging Keepers to help automate deposits and rebalances of investment vaults in a secure and cost-efficient way.

Starting with Taurus-Uniswap v3 LP vaults, Chainlink Keepers help ensure that coins deposited into the vaults are automatically sent to Uniswap LPs within a predetermined amount of time, enabling Sharpe to build automated investment vaults for Uniswap V3 pools. Keepers also help ensure that vaults are rebalanced after certain time intervals. In the future, Sharpe will be able to develop innovative and robust systematic investment strategies for various DeFi protocols using Chainlink Keepers.

Sharpe is making investing in DeFi simpler for all. By integrating various DeFi primitives and protocols, Sharpe serves as middleware architecture for asset management, building investment strategies backed by comprehensive quantitative research and providing users with some of the highest sustainable yields DeFi has to offer.

We decided to decentralize the automation of Sharpe’s systematic investing and rebalancing function using Chainlink Keepers because it is operated by the same pool of time-tested, provably reliable node operators that currently help secure tens of billions of dollars in DeFi, even during record levels of network congestion and extreme volatility.

The proven infrastructure of Chainlink helps ensure that every rebalancing and systematic investment into the vaults is executed on-time in a trust-minimized manner, giving users additional guarantees that Sharpe will function exactly as intended.

Chainlink Keepers is a decentralized service purpose-built to manage tasks on behalf of smart contracts. Chainlink Keepers serve as decentralized, hyper-reliable, and economically incentivized automation bots that wake up smart contracts when they need to perform critical on-chain functions, which usually take place at regular time intervals (e.g., every day at the same time) or based on external events (e.g., when an asset hits a specific price).

Some of the notable features of Chainlink Keepers include:

  • Decentralized Execution — Chainlink Keepers provide reliable, trust-minimized automation with no single point of failure, mitigating risks around manual processes and centralized servers.
  • Increased Efficiency — Projects that use Chainlink Keepers are able to reduce time spent on DevOps, minimize operational overhead, and streamline development workflows.
  • Enhanced Security — Tamper-proof, Sybil-resistant Chainlink Keepers sign on-chain transactions themselves, enabling automated smart contract execution without exposing private keys.
  • Easy-to-use — Developers are able to schedule time-based automation jobs in seconds using the Chainlink Keepers Job Scheduler’s no-code UI.

Beyond the Taurus-Uniswap v3 LP vaults, our future investment products will also leverage Chainlink Keeper contracts for reliable automation as we expand to other DeFi protocols.

“Chainlink Keepers is the gold-standard smart contract automation solution. It brings us immense pleasure to integrate Chainlink Keepers to help us build more decentralised and secure smart contracts.” — Rishabh Narang, Founder & CEO at Sharpe.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any

external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About Sharpe

Sharpe is a multi-strategy risk-managed structured investment product protocol. Sharpe simplifies investing in DeFi by creating decentralized systematic structured investment products tailored to meet users’ specific needs and risk tolerance. The investment strategies are built on comprehensive simulations and backed by quantitative research to make robust and innovative investment products.

To learn more, please visit our website.

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Sharpe Labs

Sharpe Labs is a DeFi R&D lab that creates open-source innovative investment solutions using our Institutional-Grade Asset Management tooling and infrastructure