Risq Protocol x Chainlink Price Feeds Integration
Risq Protocol — risk and asset management on the blockchain — has integrated Chainlink Price Feeds on Binance Smart Chain mainnet.
integrating the industry-leading decentralized oracle network, Risq Protocol has access to high-quality, tamper-proof price feeds needed to help ensure accurate pricing on option premiums and profits and losses at the time of exercising options. This will provide our users with stronger assurances that pricing is always correct and cannot be manipulated.
Risq Protocol aims to be the largest DeFi options trading platform, spanning multiple networks and potentially hundreds of tokens. The initial release of the OptionsDesk on BSC has 14 crypto assets for trading options. Future updates will add additional assets and networks including Ethereum, Polygon, and more.
“We selected Chainlink because we wanted to use the most trusted oracle network with access to multiple blockchains and the most price feeds compared to other projects,” said Mace McLain, Co-founder of Risq Protocol.
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.
About Risq Protocol
Risq Protocol offers decentralized risk and asset management Dapps starting with Defi Options trading on OptionsDesk.
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