FLOKI Integrates Chainlink Price Feeds

FLOKI — the people’s cryptocurrency — has integrated Chainlink Price Feeds on the ETH & BSC blockchains. By integrating the industry-leading decentralized oracle network, FLOKI has access to high-quality, tamper-proof price feeds needed to read an accurate on-chain price, facilitating essential integrations that will help us bring DeFi to the masses.  Integration of Chainlink Price Feeds will provide users with stronger assurances that they’re receiving tamper-proof, up-to-date, and precise market data.

Initial integration involves the use of the following Chainlink Price Feed: FLOKI/USD. FLOKI  chose Chainlink as a go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

FLOKI is the people’s cryptocurrency and a project that aims to disrupt the crypto industry by providing solid utility while leveraging the power of memes to ensure mainstream appeal and adoption.

Part of strategic plan for ensuring utility and wide appeal involves providing DeFi access to FLOKI users. This will be done through smart, strategic partnerships with key industry players as well as the eventual launch of our own DeFi products as we develop the FLOKI ecosystem.

ABOUT Floki
FLOKI is the people’s cryptocurrency and a project that aims to disrupt the crypto industry by providing solid utility while leveraging the power of memes to ensure mainstream appeal and adoption.

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