Qidao Protocol Integrates Chainlink PriceFeeds

Published on: 03.01.2022

QiDao has integrated Chainlink Price Feeds as its exclusive oracle solution to provide accurate price data to its platform, enabling users to borrow against their crypto assets. All of their vaults on Avalanche, Fantom, Harmony, Moonriver, and Polygon — ranging from their first vault to their most recently added ones — reference hyper-reliable pricing data provided by Chainlink Price Feeds.

QiDao has now launched interest-free borrowing on five chains, including Avalanche, Fantom, Harmony, Moonriver, and Polygon, with many more to come as Chainlink continues to expand into the cross-chain realm.

 

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.

 

Mai Finance

Mai Finance is an open source and non-custodial stable protocol for extracting value out of priced assets

 

Source

https://0xlaozi.medium.com/interest-free-borrowing-has-arrived-in-defi-ceda67be6d6b

Market Stats:
BTC Dominance: 62.59%(-0.85%/24h)
ETH Dominance: 8.64%(+0.38%/24h)
Defi Market Cap: $103.93B(+4.84%/24h)
Total Market Cap: $3268.14B(+1.62%/24h)
Total Trading Volume 24h: $172.64B(+5.25%/24h)
ETH Market Cap: $282.26B
Defi to ETH Ratio: 36.82%
Defi Dominance: 3.07%
Altcoin Market Cap: $1222.48B
Altcoin Volume 24h: $115.44B
Total Cryptocurrencies: 34469
Active Cryptocurrencies: 9793
Active Market Pairs: 101822
Active Exchanges: 815
Total Exchanges: 10406
BTC: 102991.07$(-0.06%/1H)
ETH: 2338.56$(-0.31%/1H)
AVAX: 23.32$(-0.26%/1H)
BNB: 672.17$(-0.03%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.78$(-0.17%/1H)
DOT: 4.94$(1.01%/1H)
UNI: 6.47$(-0.6%/1H)
CAKE: 2.47$(-0.35%/1H)
SUSHI: 0.78$(-0.89%/1H)
ONE: 0.02$(-0.39%/1H)