PLATINUM ENGINEERING TO INTEGRATE CHAINLINK.

PLATINUM, the blockchain and decentralized finance (DeFi) software development company, is delighted to announce its planned integration of Chainlink Price Feeds to support the development and operations of a new Margin Tool for x5 leverage trading on Uniswap and Pancake. Platinum will use Chainlink’s market-leading decentralized oracles to estimate the price of taking margin positions via our Margin Tool across various decentralized trading platforms. Their initial integration will support the following Chainlink Price Feeds: DAI/ETH, ETH/USD, LINK/USD, and UNI/USD, with the ability to quickly leverage more across various blockchains as we expand. They selected Chainlink as our go-to oracle solution because their infrastructure provides an existing suite of pre-made decentralized oracle networks that are time-tested and proven to secure billions of dollars in value for leading DeFi protocols. Chainlink Price Feeds source price data from high-quality data providers with strong market coverage, as well as have a strong reputation for uptime, even during record levels of market volatility and network congestion.

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.

About Platinum Software Development.

“Platinum” is a software development company that provides smart-contract audits, Solidity / Rust / Substrate engineering and also builds DeFi projects.

⬇️DETAILS:

https://news.platinum.fund/en/post/defi-primitive-margin-tool