Equalizer Will Integrate Chainlink Price Feeds Oracle
The first dedicated platform that equalizes the decentralized markets, Equalizer will intergrates with Chainlink Price Feeds Oracle to Secure the first DeFi Flash Loan Marketplace. By integrating Chainlink’s industry-leading decentralized oracle network, Equalizer will have access to high-quality, tamper-proof price feeds needed to display accurate data on the platform’s UI and to properly calculate the rewards from the yield farming program.
“Flash Lending is already an important component of the decentralized finance market that is expanding on multiple chains. We are very excited to start our collaboration with Chainlink as we share the same vision of building scalable and multi-chain solutions for a reliable DeFi market with the highest level of security” — Iulian Nita, Equalizer’s Project Lead
Equalizer platform has the mission to prove that flash loans are not a trick, but a very useful tool in an open decentralized finance market. Having an exponential increase in volume, flash loans have become the must-have instrument for borrowers that engage in profitable transactions, like arbitrage, liquidations, collateral swapping, and portfolio rebalancing.
Equalizer chose Chainlink as their go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already secures leading DeFi protocols responsible for billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
ABOUT Equalizer
Equalizer is the first dedicated flash loan marketplace built on top of a scalable infrastructure that can handle the rising demand of decentralized lending and borrowing and that can boost the trading volume of any listed asset. It offers top benefits over the popular do-it-all DeFi protocols and sets itself a class apart by offering lower fees, a virtually unlimited choice of token vaults, high liquidity through yield farming, and multi-chain capabilities.
ABOUT Chainlink
Chainlink is a decentralized oracle network and cryptocurrency that provides real-world data to blockchains. It is one of the main sources of data used to feed information to applications in decentralized finance.
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