Lendefi Integrates with Chainlink Price Feeds

Published on: 21.03.2022

The initial integration will utilize the following Chainlink Price Feeds:

They chose Chainlink as their go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink Price Feeds provide the wide market coverage needed for the Lendefi protocol to facilitate decentralized leveraged trading. 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. In short, Chainlink Price Feeds enable the Lendefi protocol to receive high-quality price reference data at all times, helping the protocol become more resilient and secure.

 

Chainlink

Lendefi Protocol

Source

https://lendefi.medium.com/lendefi-integrates-chainlink-price-feeds-for-secure-defi-leveraged-trading-on-bsc-14f8e40802c

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