XCarnival Integrates Chainlink Price Feeds
XCarnival Integrates Chainlink Price Feeds on Binance Smart Chain (BSC) mainnet to Access Secure, Fair-Market Prices of Assets.
By integrating the industry-leading decentralized oracle network, XCarnival now has access to high-quality, up-to-date, tamper-proof price feeds available directly on-chain in a single call. With this integration, users will have high confidence that they can easily lend their assets and borrow assets securely, especially within future Metaverse epochs.
XCarnival chose Chainlink as its go-to oracle solution because it’s Price Feed infrastructure was seamless to integrate and has been time-tested in production. Currently, Chainlink Price Feeds help secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value. It also maintains robust security and high availability even in the midst of unexpected events like exchange downtime, flash crashes, and data manipulation attacks through flash loans.
Chainlink Price Feeds provide following features:
- High-Quality Data
- Secure Node Operators
- Decentralized Network
- Reputation System
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 XCarnival
XCarnival is a lending aggregator that provides easy-to-use financial products. Right now users can put their NFTs on XBroker as a pledge to borrow money from other lenders. Additionally, at the same time, users can borrow money from Megabox with their altcoins, such as Cake, Dodo, Bifi, and much more. XCarnival believes that Everything is Collateral and works towards unlocking more liquidity for the metaverse space through innovation.
