MOAR DeFi Integrates Chainlink
MOAR DeFi Integrates Chainlink Price Feeds to its Secure Lending Operations
Through this integration, Chainlink will enables MOAR users to get strong assurances that deposited assets are accurately priced and the solvency of lending pools are securely maintained.
MOAR will begin by integrating the following Chainlink Price Feeds: ETH/USD, BTC/USD, DAI/USD, and USDC/USD. These decentralized price oracles will be referenced by MOAR smart contracts to calculate deposited assets’ collateral value when used as borrows — borrow capacity used by accounts — and liquidation logic.
MOAR plugs into Chainlink’s decentralized oracle network to securely and reliably feed the necessary data needed to provide fair market value for deposited and borrowed assets, manage account solvency, and provide accurate purchase and exit points of our borrow Boosters.
About MOAR
MOAR is a derivative-aware, cross-chain, and operationally safe lending protocol embedded with accessible financial tooling and derivatives primitives. MOAR is built on the latest version of Solidity, can handle ERC-721 (the token for NFTs and frequently used for derivatives), and fully supports UNION Finance’s C-OP instrument (a decentralized Put) for collateral optimization natively. Built on Ethereum, MOAR will emphasize a user-friendly front-end replete with features like one-click capital optimized borrowing and yield strategy access, a proprietary liquidation program, embedded derivative support, DEX integration, structured credit products, interest rate swaps, term deposits, and cross-chain connections to BSC and Polkadot — with more L1’s planned for the future.
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.
