Nebula Integration with Chainlink Price Feeds

Published on: 03.09.2022
Nebula Integration with Chainlink Price Feeds

Nebula Wallet, the all-in-one multichain NFT wallet, built by Solarsoft, announced its integration with Chainlink Price Feeds on Ethereum and Solana mainnet. 

Nebula Wallet, one of the first easy-to-use, multi-chain NFT wallets announced its integration with Chainlink Price Feeds on Ethereum and Solana mainnet.

Integration Highlights

By integrating the industry-leading decentralized oracle network, Nebula has access to high-quality, tamper-proof price data needed to display accurate USD conversion rates. This will provide ITS users with stronger assurances that the multi-chain NFT wallet is a reliable source of price data, helping collectors make informed decisions.

Nebula initial integration involves the use of the following Chainlink Price Feeds: ETH/USD and SOL/USD. They 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.

By converging diverse collector token activity, Nebula aims to be the most NFT-compatible multi-chain wallet. Through an equally blockchain-agnostic approach, Nebula provides unparalleled access to multi-chain dApps.

Features of the Nebula wallet include:

  • The ability to monitor NFT portfolios on different blockchains
  • Usernames [Pseudonyms]
  • Multi-chain NFT marketplace data
  • Multi-chain NFT support(multi-token standard)
  • Create and Share Clusters (user-custom NFT albums)
  • Multi-chain Dapp browser

In order to help secure the delivery of real-time NFT price data to their NFT wallet. They needed access to fresh asset prices that are supplied directly on-chain in a highly reliable manner. Fair market asset prices should reflect a volume-weighted average from all trading environments. Thus, they needed to make use of an oracle network to fetch aggregated price data off-chain and deliver it on-chain to be consumed by its application.

Chainlink Price Feeds Critical Features 

  • High-Quality Data
  • Secure Node Operators
  • Decentralized Network
  • Reputation System

“As long as the Internet exists, Internet money can never be ignored. With Chainlink Price Feeds, we can be confident that we are building contextual NFT infrastructure with the right set of tools. The integrity, consistency, and availability of price data provided by Chainlink allows us to, directly and indirectly, realize loftier use cases for our users.”

Immanuel Ifere, [ Software Lead at Nebula]

About Chainlink

Chainlink, 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. The platform 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.

Website | Twitter 

About Nebula

Nebula is an easy-to-use, multi-chain NFT wallet that unlocks superior NFT portfolio management features for collectors. It allows users to interact with tokens and NFTs from different blockchains.

Website | Twitter 

SOURCE

https://medium.com/@Solarsoft/nebula-integrates-chainlink-price-feeds-to-help-ensure-its-multi-chain-nft-wallet-references-a7b0eb42e98a

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