Augmented Finance Integrates With Chainlink Price Feeds
In order to bring novel DeFi assets to multiple chains like Avalanche and Binance Smart Chain, Augmented Finance needed a hyper-reliable oracle solution — that’s why they are pleased to announce that Augmented Finance has integrated Chainlink Price Feeds on Avalanche and BSC.
By integrating Chainlink’s industry-leading decentralized oracle network, Augmented Finance now has access to high-quality, tamper-proof price feeds needed to help secure its lending and borrowing protocol. With Chainlink Price Feeds, Augmented Finance can now securely open, close, and liquidate loans at globally accurate fair-market prices.
The Augmented Finance team decided to integrate Chainlink because it features multiple notable benefits that make it stand out as an oracle provider.
“Chainlink is simply the best oracle solution available on Avalanche and BSC. Thanks to its highly decentralized architecture, Chainlink has an extremely strong, time-tested performance history, including during adverse market conditions and black swan events,” —Augmented Finance Team
ABOUT 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. Chainlink 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.
ABOUT Augmented Finance
Augmented Finance is a DeFi liquidity protocol on a mission to enable users to lend and borrow any asset on any chain. The multichain future with liquidity fragmentation has arrived. Augmented is building a DeFi liquidity protocol with full crosschain compatibility to merge the liquidity across all chains and let users lend and borrow on various chains simultaneously.
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