Maximus Integrates Chainlink Price Feeds

Maximus Farm announced  integration with Chainlink Price Feeds to help ensure accurate minting and buybacks for $MAXI token.

Reasons why Maximus Farm Use Chainlink

• High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by volume, and cleaned of outliers and wash trading. Chainlink’s data aggregation model generates more precise global market prices that are inherently resistant to inaccuracies or manipulation of any single or small set of exchanges.
• Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises. Chainlink nodes have a strong track record of reliability, even during high gas prices and infrastructure outages.
• Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.
• Reputation System — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical and real-time performance of node operators and oracle networks.

“We’re excited to integrate Chainlink Price Feeds as a secure, tamper-proof source of price data that will help us keep the price of MAXI proportional to the price of AVAX, giving our users an added level of assurance on the reliability of our protocol,”— Maximus Founder

Maximus will be one of the first Chainlink-integrated farming optimizers in the Avalanche ecosystem and provide the most accurate APR/APY information, consuming all Avalanche ecosystem price feeds available.

ABOUT Maximus Farm
Maximus is a new generation Yield Farming Aggregator & Optimizer for Avalanche

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.

RESOURCES
Medium