Chainlink Official channel expressed on how Chainlink is offering an ever-increasing number of ready-made oracle networks, which provide high-quality price data, permitting DeFi devs to quickly build on-chain financial products. To further easily integrate the OCR-enabled GBP/USD FX Rate into dApps. Of note, it is already used by Synthetix.
Chainlink expressed their excitement in awarding a Community Grant to protofire for launching a new Chainlink testnet faucet, which enables developers on EVM-compatible chains like Polygon, BSC, and xDAI to easily test their Chainlinked smart contracts before deploying to mainnet.
For clarity, ProtoFire.io provides token-based startups with decentralized protocols / smartcontracts high-performance oracles, and developer tools like (SDKs/APIs).
Sergey Nazarov stated, the Chainlink Network’s various decentralized services, provide both the validated data, and off-chain computation needed to create DeFi, NFTs and many other advanced smart contracts. e.g. Chainlink VRF’s verifiable randomness, makes provably rare NFTs.
He previously stated that Chainlink Networks are important for provably rare NFT creation in multiple ways. And, that Chainlink VRF provides provably fair randomness to create NFTs, proving their truly unique rarity.
They have published about 16 ways to create Dynamic NFTs based on real world events.
Chainlink (LINK) Integrations
Premium data provider Sport Monks will launch their own Chainlink node to supply sports data across leading blockchains. This allows Sport Monks to expand their addressable market and support new sports prediction markets, player-based NFT games, and more.
For clarity, Sport Monks facilitates Fast and Reliable sports data solutions
Ether Cards are set to integrate Chainlink VRF as a core part of its NFT gamification and monetization platform, guaranteeing NFTs are fairly distributed with provably rare traits for their inaugural Feature Token Sale, future art drops, blind bags, and more.
For clarity, Ether Cards claim to be NFTs with Superpowers.
DeFi yield aggregator Rari Capital are using ChainLink to secure Fuse, which is a new open interest rate protocol. Chainlink’s tamper-proof and flexible oracle network ensures pool creators using the Fuse protocol can easily access reliable and high-quality asset data.
For clarity, Rari Capital is the smartest roboadvisor, which ensures you receive the highest yield, beyond just lending.
Luxury watch data provider watchsignals.com has officially launched a Chainlink node on mainnet to bring global price benchmarks on-chain. This enables the creation of innovative DeFi products like tokenized luxury watches and exotic derivatives markets.
Also, Decentralized stablecoin protocol FinanceOIN are set to use Chainlink Price Feeds to secure its minting and liquidation processes. Chainlink’s high-quality data and time-tested network ensure that stablecoins are issued fairly and remain fully collateralized.
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