PUNDI X INTEGRATES CHAINLINK PRICE FEEDS TO SECURE PLATFORM REWARD DISTRIBUTIONS.
As a leading blockchain-based point-of-sale payment solution and decentralized finance (DeFi) platform developer, PUNDI X is pleased to announce that they have successfully integrated the widely used and trusted Chainlink Price Feeds ,decentralized oracle networks that make a variety of real-time asset prices accessible on-chain for smart contracts. Pundi X is using and supporting newly launched Chainlink Price Feeds for PUNDIX/USD (live today) to accurately distribute platform rewards denominated in the native PUNDIX token. They selected Chainlink as their go-to oracle solution because it provides high-quality data using time-tested oracle infrastructure that’s proven to secure tens of billions of dollars for leading DeFi projects. Chainlink Price Feeds are well known to supply accurate and up-to-date asset prices reflective of global markets, as well as possess built-in resistances to a variety of unexpected situations like API downtime, flash crash outliers, and data manipulation attacks via flash loans.
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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