EfunTech Integrates Chainlink Price Feeds

Published on: 13.04.2022

By integrating the industry-leading decentralized oracle network, EFUN has access to high-quality, tamper-proof price feeds needed to help determine the results of prediction games based on external events. This will provide their users with stronger assurances that their games of prediction are accurate, transparent, and fair.

Their initial integration involves the use of the following Chainlink Price Feeds: BTC/USD, ETH/USD, BNB/USD, LUNA/USD, and XRP/USD. We chose Chainlink as their 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.

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.

EFUN

EFUN is the pioneer platform for games of predictions on Web3 and the Metaverse. EFUN token holders will have unprecedented chances to win prizes through various predictive events such as sports matches, elections, or metaverse games. In return, EFUN helps organizations to collect the opinions of the masses and enhance brand awareness. Powered by blockchain, EFUN’s mission is to make Games of Predictions not only fun and beneficial but also transparent and trustworthy.

Source

https://efun.medium.com/efun-integrates-chainlink-price-feeds-to-help-secure-its-prediction-market-6c9cb03fd5ce

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