Jamonswap Continues Protocol Growth With Integration of Multiple Chainlink Services
JamonsWap is integrates with Chainlink Keepers on Polygon to help develop advanced trading orders. As a result, they were able to allow users to set limit orders, stop losses, and take profit orders.
In support of the continued growth and maturation of its decentralized infrastructure, they have now expanded its integration with Chainlink. Through a combination of Chainlink Keepers and Chainlink Price Feeds, they are able to check the price of the tokens in a pair to help establish tamper-proof prices for limit orders. With Chainlink Keepers, they can allow its users to set up advanced trading orders.
By this integration of Chainlink Keepers with JamonSwap, they are now able to offer advanced trading tools. Thanks to the data collected by Chainlink oracles, they are able to integrate limit, take profit, and stop loss orders.
JamonSwap will also feature a raffle system and a decentralized roulette wheel.
In order to help ensure the randomness of the results, they needed to integrate a verifiable random number generator (RNG) solution. By using Chainlink Verifiable Random Function (VRF), they can provide users with strong assurances that the results are random and fair.
JamonSwap believe that by integrating Chainlink Keepers into its platform, they are able to offer a tool that will make it easier for users to trade, increasing the number of users attracted to its platform.
“To become a leading DEX, you have to surround yourself with the best — that’s why we chose Chainlink to enhance our platform with more advanced functionality.” — Luis Fernandez, CEO
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 JamonSwap
JamonSwap wants to be the decentralized exchange of reference within the POLYGON network, a tool capable of delivering the best user experience when exchanging, managing, and investing their digital assets, cryptocurrencies.
It is a multicross-chain DEX developed in the Polygon network and will support a multitude of networks facilitating the operation of DEX users.
