Sunday, June 04, 2023
MetaWeb3
Subscribe
  • Home
  • About Us
  • Listings
    • ICO List
    • IDO List
  • Web3 Events
    • Events List
    • Events by Month
    • Web3 Calendar
  • News
  • Blog
    • Blog
    • Press Release
  • Contact
    Home / News / Chain Link launches price feeds on Solana to provide data to DeFi developers
BTC/USD
  • BTC/USD
  • XRP/USD
  • BCH/USD
  • EOS/USD
  • LTC/USD
  • TRX/USD
  • ADA/USD
  • XLM/USD
  • IOT/USD
  • ABC/USD
  • NEO/USD
  • XMR/USD
  • DASH/USD
  • XEM/USD
  • QTUM/USD
  • BCN/USD
  • ICX/USD
  • ZEC/USD
  • LSK/USD
  • IOST/USD
Low
High
Marketcap
News
June 4, 2022 by admin
Share this:
  • Facebook
  • Twitter
  • Google Plus
  • Pinterest
  • Email to a Friend

Chain Link launches price feeds on Solana to provide data to DeFi developers

Chainlink-Price-Feed-Aggregation

Chainlink, a blockchain oracle platform, has announced that its pricing feeds are now available on the Solana blockchain. Developers of decentralized finance (DeFi) applications can now use the feeds as part of their decentralized applications thanks to the integration (DApps).

According to a press release given to Cointelegraph, the blockchain oracle platform will make seven price feeds available to Solana developers at launch, including BTC/USD, ETH/USD, and USDC/USD. More Chainlink oracle services and price feeds will be made accessible as the integration progresses.

The Chainlink connection, according to Anatoly Yakovenko, co-founder of Solana, will aid developers in creating DeFi-based DApps on Solana. “DeFi developers will have access to the most extensively used oracles in blockchain with Chain Links deployment on Solana,” he said.

Sergey Nazarov, a co-founder of Chain Link, was equally ecstatic with the integration. Chain Link has a large oracle network, according to Nazarov, and its staff is looking forward to its position in the Solana ecosystem. He called the merger “a significant step forward” for DeFi.

Solana-based projects have pledged to adopt the pricing feeds for their products as soon as Chain Link is implemented. Francium and Tulip, yield aggregators, and Apricot Finance, a lending protocol, are among the companies that will use them.

LaProp integrated Chain Link into its real-estate platform earlier this month, allowing investors to buy tokenized shares of rental properties. Rental payments will be managed and dispersed to token holders within the platform using Chainlink’s capabilities.

Meanwhile, as Chainlink suspended the LUNA price feed, DeFi protocols reported losses from exploits arising from a price feed difference within the Luna Classic (LUNC) oracle. However, one member of the community feels that the losses are the result of protocol failure.

definews
Previous Post
Taco tokens: Chipotle adds crypto payments via Flexa
Next Post
Terra 2.0: A crypto project built on the ruins of $40 billion in investors' money

Related Posts

Top Crypto Exchanges
News
Top 10 Crypto Exchanges and Platforms for 2023
February 28, 2023 by admin
Tokenizing the Titanic
News
Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market
February 24, 2023 by admin
Hong Kong Crypto Trading
News
Crypto Hub in the Making: Hong Kong Pushes Forward with Plans for Retail Crypto Trading
February 23, 2023 by admin
ICO Calendar
May 16, 2018
CoinLion

Exchange & portfolio management

View All ICOs
Advertisement
Advertisement
Most Read
  • How To Bring Virtual Fashion Into The Mainstream
  • Poppy Playtime NFT and the controversy latest updates
  • What is Cryptocurrency, and how does it work?
  • Metaverse Summit: The first women-led Web3 conference to take place in Paris
  • Crypto Heirloom, Apex Legends - Ultimate Guide
Latest
Top Crypto Exchanges
News
Top 10 Crypto Exchanges and Platforms for 2023
28 February, 2023
Tokenizing the Titanic
News
Tokenizing the Titanic: New Partnership Brings Real Artifacts from Wreckage to NFT Market
24 February, 2023
Hong Kong Crypto Trading
News
Crypto Hub in the Making: Hong Kong Pushes Forward with Plans for Retail Crypto Trading
23 February, 2023
Categories
  • Blockchain
  • Blockchain Game
  • Crypto
  • dApp
  • DeFi
  • Metaverse
  • News
  • NFT
  • PR
Calendar
June 2023
M T W T F S S
 1234
567891011
12131415161718
19202122232425
2627282930  
« Feb    
MetaWeb3
  • Write for Us
  • Terms & Conditions
  • Privacy Policy
  • Contact
  • Web3 Calendar
About

MetaWeb3.tech is an online media site that focuses on Fintech, digital assets, blockchain technology, Decentralized Finance (Defi), Decentralized Apps (DApps), Metaverse, Crypto Games and other related technologies, covering news, opinions, trends, and informative articles.

Contact Us

Categories
  • Blockchain
  • Blockchain Game
  • Crypto
  • dApp
  • DeFi
  • Metaverse
  • News
  • NFT
  • PR
Newsletter Subscription
Connect With Us
Copyright © 2018 Cryptex. All Rights Reserved.