Qidao Protocol Integrates Chainlink PriceFeeds

Published on: 03.01.2022

QiDao has integrated Chainlink Price Feeds as its exclusive oracle solution to provide accurate price data to its platform, enabling users to borrow against their crypto assets. All of their vaults on Avalanche, Fantom, Harmony, Moonriver, and Polygon — ranging from their first vault to their most recently added ones — reference hyper-reliable pricing data provided by Chainlink Price Feeds.

QiDao has now launched interest-free borrowing on five chains, including Avalanche, Fantom, Harmony, Moonriver, and Polygon, with many more to come as Chainlink continues to expand into the cross-chain realm.

 

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.

 

Mai Finance

Mai Finance is an open source and non-custodial stable protocol for extracting value out of priced assets

 

Source

https://0xlaozi.medium.com/interest-free-borrowing-has-arrived-in-defi-ceda67be6d6b

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