Sonne Finance Integrates Chainlink

Published on: 25.11.2022

Sonne Finance — the first native liquidity market on Optimism — has integrated Chainlink Price Feeds on Optimism mainnet. By integrating the industry-leading decentralized oracle network, Sonne Finance has access to high-quality, tamper-proof price feeds needed to secure on-chain lending and borrowing activity. This will provide their users with stronger assurances that the prices of assets are highly accurate and up-to-date.

About Chainlink

Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.

About Sonne Finance

Sonne Finance is a decentralized lending protocol for individuals, institutions, and protocols to access financial services. It is a permissionless, open-source, and Optimistic protocol serving users on Optimism. Users can deposit their assets, use them as collateral and borrow against them.

🔽DETAILS:

https://medium.com/@SonneFinance/sonne-finance-integrates-chainlink-price-feeds-to-help-secure-liquidity-markets-on-optimism-369002f3962c

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