EverRise Integrates Chainlink Price Feeds
EverRise, a multi-chain security protocol, is integrating Chainlink, the industry-leading decentralized oracle, into multiple aspects of the EverRise ecosystem—starting with the integration of Chainlink Price Feeds for Ethereum, Binance Smart Chain, Polygon, Avalanche, and Fantom mainnets.
With this integration, EverRise has access to high-quality, tamper-proof price feeds that supports the following functionalities:
- Calculating cross-chain gas fees
- Providing users real-time prices for conversions throughout the dApp ecosystem
- Updating a full stats page to quickly monitor the RISE token across all blockchains
EverRise and Chainlink initial integration involves the use of the following Chainlink Price Feeds: ETH, BNB, MATIC, AVAX, and FTM. EverRise chose Chainlink as its go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink secures leading DeFi protocols responsible for tens of billions of dollars in smart contract value while maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
As EverRise’s token RISE shares a single circulating supply across 5 blockchains, it can be tricky for holders to keep track of the token price. Each chain trades independently and holders have the ability to easily move their tokens from one blockchain to another to take arbitrage opportunities via EverBridge. Users are now able to monitor trading across all EverRise supported blockchains through the EverRise stats page with the Chainlink Price Feed integration.
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 EverRise
EverRise is a blockchain technology company focused on increasing accessibility to decentralized finance by bringing security solutions to the space. Through an innovative ecosystem of decentralized applications, EverRise provides investors and developers the tools to access the widest possible market with the maximum level of security. They are working towards the mass adoption of safety protocols across Ethereum, Binance Smart Chain, Polygon, Avalanche and Fantom networks and currently offer 5 security dApps: EverBridge, EverOwn, EverMigrate, EverStake and EverSwap, with more on the way.
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