dForce Integrates With Chainlink Price Feeds
dForce is pleased to continue its aggressive multi-chain expansion by deploying its protocol across all EVM-compatible blockchains.
As reliability of the protocol is our highest priority, dForce have taken various measures to ensure a smooth user experience — from bug bounty programs to robust audits to integrating with the industry leading oracle network, Chainlink.
Since its last integration in March 2021, dForce’s core developers have further integrated Chainlink Price Feeds on Arbitrum. dForce protocol further covers various EVM compatible chains — the entire list includes: Ethereum, BNB Chain, Arbitrum, Polygon, and Optimism. Chainlink is the primary oracle solution for dForce’s lending protocol and algorithmic stablecoin protocol.
“Chainlink Price Feeds are the most widely adopted market data solution in the smart contract space, and our integration helps bring globally accurate prices to our dApp on Arbitrum. Not having to worry about the security of our oracle solution as we continue expanding in the multichain ecosystem gives our development team more time to focus on building novel DeFi solutions for our community.” — Snow, CTO at dForce
As Chainlink oracle networks can function at the native speed and cost of any blockchain or layer-2 solution, DeFi users can now leverage dForce’s open finance protocol matrix with Arbitrum’s high speed and low transaction costs.
ABOUT dForce
dForce advocates for building a complete set of DeFi protocols covering assets, lending, trading, serving as DeFi infrastructure in Web 3. dForce is currently deployed on Ethereum, Arbitrum, Optimism, and Binance Smart Chain.
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.
RESOURCES
dForce Network
