OPTIONPANDA INTEGRATES CHAINLINK PRICE FEEDS.
OptionPanda has successfully integrated the market-leading Chainlink Price Feeds on mainnet to provide safe and accurate price data for its option trading pairs on BSC. This integration enables users to obtain timely premium quotations when trading, thereby enabling trading decisions to be based on reliable information. It also allows for the precise and tamper-proof settlement of options at the time of expiry, along with future plans for integration for Implied Volatility feeds. By relying on the feeds from Chainlink, OptionPanda manages to avoid a single point of failure that may occur during data procurement and transmission, and thereby provides users with better decentralized option trading services.
About Option Panda
Option Panda is a decentralized platform for option trading. It seeks to support several networks including BSC, Ethereum and Heco, and provide transparent, convenient, and efficient trading experience for users.
About Chainlink
Chainlink is the most widely used and secure way to power universally connected smart contracts. With Chainlink, developers can connect any blockchain with high-quality data sources from other blockchains as well as real-world data. Managed by a global, decentralized community of hundreds of thousands of people, Chainlink is introducing a fairer model for contracts. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others.
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