Mobius Finance x Chainlink Integration

Published on: 29.11.2021

Mobius Finance — a multi-asset synthetic trading protocol — has integrated Chainlink Price Feeds on Polygon mainnet.

By integrating the industry-leading decentralized oracle network, Mobius Finance has access to high-quality, tamper-proof price feeds needed to help run synthetic asset markets with zero downtime. This will provide our users with stronger assurances that Mobius’ asset prices are tamper proof and consistently reference globally accurate fair-market rates.

Mobius Finance plans to keep expanding markets in its decentralized market protocol, and we will also start a focus group aimed at selecting the best ecosystem to deploy on in addition to Polygon.

“Chainlink oracles are the best way to obtain a reliable and trustworthy data source within the DeFi world. With Chainlink, we now have access to high-quality price data around multiple on-chain and off-chain assets, helping us provide a more robust trading solution to our users.” — Mobius Finance’s CEO

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 Mobius Finance

Mobius Finance is the first multi-collateral synthetic platform on Polygon that can create and trade any asset, including off-chain stocks, ETFs, and commodities; powered by risk control algorithm, they allow users to trade any asset with zero-slippage and low fees.

📰 INFO

https://medium.com/@mobiusfinance/mobius-finance-integrates-chainlink-price-feeds-to-help-secure-its-decentralized-trading-platform-d0f8ec773ac5

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