PredictX Integrates Chainlink Data Feeds to Help Secure Prediction Markets

PredictX is integrating Chainlink’s industry-standard oracle network into its DeFi prediction markets platform! PredictX is using Chainlink Data Feeds on Binance Smart Chain (BSC) to provide its prediction market liquidity pools with high-quality data around various crypto assets such as BTC and ETH. While the initial integration of Chainlink Data Feeds helps secure PredictX’s liquidity pools, we will shortly expand the integration to settle prediction markets based on real-world data from Chainlink, potentially around sports, elections, or pop culture events.

About PredictX

PredictX is a DeFi protocol that brings prediction markets to DeFi. Centered on automated liquidity and precisely designed incentives, PredictX ensures the best liquidity across all markets while allowing users to win off their predictions on a user-friendly platform.

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.

🔽DETAILS:

https://medium.com/predictx-official/predictx-integrates-chainlink-data-feeds-to-help-secure-prediction-markets-ce6f00f24924:

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