Dfyn Integrates Chainlink Price Feeds To Settle Predictions Market

Published on: 04.09.2021

Dfyn has announced integration with Chainlink Price Feeds on Polygon mainnet, with Chainlink acting as the go-to oracle solution for the Dfyn Network.

Dfyn Network have added the MATIC/USD Price Feed as a secure and reliable source of price data to settle our predictions market. The Dyfn prediction platform allows users to take positions on short-term price movements, with 5-minute windows acting as individual “rounds”.

Users can choose either “bull” or “bear” to indicate whether they think the asset price will go up or down by the end of the round. Payouts are given out to those who chose the correct option, with a portion of the winnings used to burn our native DFYN token.

About Chainlink

Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provide developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain.

About Dfyn

Dfyn is a multi-chain AMM DEX currently functional on the Polygon network. Dfyn nodes on various chains act as liquidity entry and exit points into the cross-chain liquidity super mesh that is being enabled by Router Protocol.

➡️Source:
https://dfyn-network.medium.com/dfyn-integrates-chainlink-price-feeds-to-settle-predictions-market-c465ba281c40

Market Stats:
BTC Dominance: 61.15%(-0.01%/24h)
ETH Dominance: 8.49%(-0.21%/24h)
Defi Market Cap: $78.28B(-25.06%/24h)
Total Market Cap: $2697.32B(+0.09%/24h)
Total Trading Volume 24h: $104.56B(-26.91%/24h)
ETH Market Cap: $228.87B
Defi to ETH Ratio: 34.2%
Defi Dominance: 2.81%
Altcoin Market Cap: $1047.78B
Altcoin Volume 24h: $64.23B
Total Cryptocurrencies: 34061
Active Cryptocurrencies: 10689
Active Market Pairs: 101255
Active Exchanges: 805
Total Exchanges: 10205
BTC: 83124.53$(0.34%/1H)
ETH: 1897.93$(1.03%/1H)
AVAX: 18.6$(1.06%/1H)
BNB: 571.29$(0.6%/1H)
MATIC: 0.21$(0.06%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.73$(0.39%/1H)
DOT: 3.97$(-0%/1H)
UNI: 5.86$(0.75%/1H)
CAKE: 1.55$(0.52%/1H)
SUSHI: 0.61$(0.52%/1H)
ONE: 0.01$(0.23%/1H)