Altcoins News

Story: ChainLink (LINK) To Grow the Size of Derivatives Market When DeFi Grows

By James Thorp

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ChainLink (LINK) Integrations

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Sergey Nazarov expressed that while DeFi is just getting started, with only ~2.4% (16Bn) of crypto assets ($660Bn) secured by DeFi Protocols.

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The current excitement in the industry is about turning insurance products in to tokenized assets.

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Some of the community members feel that the profit has spoken and that those who are not holding LINK should change that disposition and begin holding it.

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Commenting on this Sydney Ifergan, the crypto expert tweeted:  “ChainLink (LINK) well know that reliable data is required in almost every industrial sector and they are set…

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Asymmetry of information Link are improving on the fundamental and intrinsic value for the whole space.

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Perpprotocol are a decentralized derivatives platform.  They are making use of ChainLink Price feeds to calculate funding payments on BTC and ETH perpetual swaps.

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Also, Chainlink are integrating natively on maticnetwork, thus enabling developers to build scalable blockchain applications, which are connected to real-world data feeds.

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OroPocket has an OpenDeFi Protocol, which makes use of ChainLink Oracles on the mainnet to price tokenized gold and silver.

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Redfoxlabs_io is a platform that supports esports and gaming applications on the WAX_io blockchain.

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apM Group, which is a market leader in Korea’s wholesale fashion industry are going to make use of Chainlink in their customer reward platform apmpoints to calculate the loyalty…

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