KokomoSwap Will Integrate Chainlink Price Feeds
A fun and easy AMM DEX on Binance Smart Chain, KokomoSwap announced integration with Chainlink Price Feeds on BSC to Power No-Loss Prediction Markets, providing their users a gamified experience in addition to a hassle-free DEX.
KokomoSwap selected Chainlink Price Feeds to settle their prediction markets because they are the industry standard for decentralized price oracles. Chainlink Price Feeds are widely used, time-tested, and secured by battle-hardened node operators already responsible for protecting tens of billions of dollars in value across leading DeFi projects. Integrating Chainlink Price Feeds ensures fair-market settlement prices that represent high-quality data with strong protections against downtime, inaccuracies, or potential data manipulation.
“In our search for real-time, on-chain price data that was precise, tamper-proof, and consistently up-to-date, there was no better option than Chainlink Price Feeds. They not only have a proven track record of reliability during extreme market volatility and network congestion but are simple to integrate and easy to scale support for to accommodate new advancements and markets on the KokomoSwap platform.”—The KokomoSwap Team
Kokomoswap is an AMM and DEX protocol on Binance Smart Chain enabling users to easily swap tokens, stake assets in liquidity pools(LPs) to earn swap fees, and stake LP tokens on our farming pools to increase yield. As part of our goal to increase platform and token utility, we are now launching our Prediction Market (BETA) feature.
Users can enter the prediction market by purchasing either $KOKO or $MOMO tickets. The prediction process itself is no-loss — even if users predict incorrectly, they will earn tokens that can be converted into future NFTs.
ABOUT KOKOMOSWAP
KokomoSwap is a Binance Smart Chain based AMM (automated market maker) DEX(decentralized exchange) designed to facilitate the seamless transaction of crypto assets in a fun-filled and profitable manner. KokomoSwap allows its users to trade crypto and to grow assets in an easy and fun way. It runs on Binance Smart Chain to benefit from faster and lower transaction fees and it provides a refined user experience for both heavy-crypto users and beginners.
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. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.
