Hundred Finance x Chainlink Integration
Hundred Finance announced that after successfully integrating Chainlink Price Feeds as a part of the Arbitrum and Fantom Opera launches, they have chosen to commit to using Chainlink oracle services in the ongoing multi-chain expansion.
It is thanks to Chainlink’s industry-leading decentralized oracle network that they have full confidence in the platform’s ability to reflect fair-market prices for supported assets. Access to reliable and secure price feeds provides the solid foundation the platform will need as they continue the mission to make it the premier borrowing and lending platform for the growing, multi-chain DeFi ecosystem.
“Oracles are a critical component of a decentralized lending protocol, so we’re incredibly pleased to have established this ongoing integration with Chainlink — by far the most secure and reliable oracle provider available today,” said vfat, Hundred Finance’s Founder and Lead Developer.
About Hundred Finance
Hundred Finance is a decentralized application (dApp) that enables the lending and borrowing of cryptocurrencies. As a multi-chain protocol, it integrates Chainlink Price Feeds to help ensure market health and stability while specializing in serving long-tail assets.
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.
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