Dot Finance Has Integrate Chainlink Price Feeds

Published on: 06.07.2021

Dot Finance has Integrates Chainlink Price Feeds on Binance Smart Chain to Secure it’s DeFi Yield Aggregation Solutions.

Chainlink Price Feeds has unique benefits like:

— High-Quality Data
— Secure Node Operators
— Decentralized Network
— Economy of Scale

Dot Finance’s goal is to provide users with the most reliable DeFi platform across both Binance Smart Chain and Polkadot.

Chainlink Price Feeds are crucial because they ensure our smart contracts execute based on real-time prices for the underlying assets used in various strategies. This is key to changing yield farming strategies, and calculating yield value in vaults so it can be fairly distributed to users.

About Chainlink

Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain.

About Dot Finance

DOT Finance provides a variety of Defi apps dedicated to the Polkadot Ecosystem. It is built as a Polkadot layer that can provide an end-to-end solution for the entire DeFi and Web3.0 stack.

➡️Source:
https://dot-finance.medium.com/dot-finance-integrates-chainlink-price-feeds-to-secure-defi-yield-aggregation-solutions-90d811608e39

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