FTM Bet uses Chainlink Price Feeds

Integrating Chainlink Price Feeds is a huge step as it provides accurate, tamper-proof price data on the FTM-USD price pair using the most time-tested oracle network in the industry. Most notably, Chainlink Price Feeds run natively on Fantom mainnet without dependencies on other blockchains, leading to high-frequency updates at low costs.

 

Chainlink Offers

  • High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that are aggregated from hundreds of exchanges, weighted by volume, and cleaned from outliers and suspicious volumes.
  • 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 with a strong track record for reliability, even during high gas prices and extreme network congestion.
  • 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.
  • Transparency — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.

 

FTM Bet

FTM Predictions — a new way to earn (or lose) Fantom, trying to predict the market’s future. While it can take some time to understand what’s going on in many DeFi protocols, projects, and ideas.

 

Source

https://docs.ftm.bet/information-about-chainlink-oracle

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