EXODIA Finance Integrates Chainlink Price Feeds to Help Secure Bonding Mechanisms
EXODIA Finance — Fantom’s Decentralized Reserve Currency — has integrated Chainlink Price Feeds on Fantom Opera mainnet. By integrating the industry-leading decentralized oracle network, EXODIA has access to high-quality, tamper-proof price feeds needed to securely relay real-time asset prices to our bonding mechanisms and reliably price treasury assets.
Their initial integration involves the use of the following Chainlink Price Feeds: FTM/USD and DAI/USD, with the OHM/USD and gOHM/USD feeds soon to come. We chose Chainlink as our 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
About EXODIA
EXODIA is a decentralized reserve currency protocol with deep OHM integration, based on the EXOD Token that operates as a genuine fork of Olympus. Available on the Fantom Opera Network, the true nature of EXODIA is to become The Reserve Currency of Fantom while investing in the Fantom Ecosystem.
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.
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