Mdex Integrates Chainlink Price Feeds
MDEX now has access to high-quality, tamper-proof price feeds needed to help secure the accuracy of platform analytics in DEX ecosystem. This will provide our users with stronger assurances that liquidity provider (LP) rewards and trading volumes on MDEX are calculated using tamper-proof and globally accurate market rates.
The initial integration involves the use of 16 Chainlink Price Feeds on HECO and 14 Chainlink Price Feeds on BSC.
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.
MDEX
MDEX.COM supports the decentralized cross-chain transaction protocols of BSC, HECO and ETH, and ranks first in the DEX rankings by CoinMarketCap and CoinGecko. MDEX.COM innovatively combines the different advantages of various basic public chains, and creates a well-rounded and composite DEX ecosystem with high performance. The “dual mining” mechanism of liquidity mining and transaction mining brings greater returns to the participants, and the transaction fee “repurchase and burn” mechanism realizes a closed and self-driven loop for value capture.
