DPAD Finance Integrates Chainlink
DPAD Finance Integrates Chainlink Price Feeds on BNB Chain mainnet to help build an easier user experience underpinned by decentralized, tamper-proof price data feeds.
By integrating the industry-leading decentralized oracle network, DPAD now has access to high-quality and time-tested price data that helps enable users to get real-time, accurate currency conversions when participating in IDOs.
INTEGRATION IMPORTANCE
Ultimately this creates a more user-friendly experience by giving users access to live price conversions that are available at any moment.
DPAD is an IDO launchpad. It also operates on BNB Chain and allows users to use a variety of digital assets to seamlessly participate in IDOs. This is especially important when there is excessive demand to participate in an IDO. The difference in being able to participate can sometimes get down to mere seconds.
WHAT DOES THIS INTEGRATION MEAN TO DPAD?
This means that any time wasted with clunky websites, currency conversions, or excessive need for manual processes can represent significant burdens to avid IDO users. DPAD aims to get rid of all that, with Chainlink Price Feeds helping specifically with the currency conversion barrier.
Furthermore, Chainlink Price Feeds are the industry-standard solution for decentralized price data. The service already helps secure tens of billions of dollars for some of Web3’s most prominent DeFi protocols. In the case of DPAD, Chainlink Price Feeds help power real-time conversions of metrics such as a token’s price, soft cap, hard cap, as well as sale allocation, and more to BNB to give users a base unit of measurement.
“At DPAD Finance we are commits to provide the best IDO experience possible for users. Integrating Chainlink Price Feeds is a large step towards solving what is often a friction point in comparison to other IDOs, and gives our users peace of mind that price conversions are underpinned by the industry’s most robust price data source.” — the DPAD Finance Team.
Moreover, DPAD aims to be a genuinely decentralized protocol in the future. Its technology integrations such as the Chainlink Price Feeds help bring them further to that reality.
ABOUT DPAD Finance
DPAD Protocol is an IDO platform for IDO users. The DPAD protocol token is DPAD, which grants community members governance on the platform.
ABOUT Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services. It needs to empower hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API. It also leverages secure off-chain computations for enabling feature-rich applications.
RESOURCES
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