Fiscus integration with Chainlink

Published on: 03.05.2022
Fiscus integration with Chainlink Price Feed on Avalanche

Fiscus announced its integration with Chainlink  price feeds on Avalanche. By integrating the industry leading decentralized oracle network.

Fiscus now has access to high-quality, tamper-proof price feeds needed to display highly accurate and reliable price data and secure the bonding mechanism with the most up-to-date, precise, and secure price feeds available.

Introducing Fiscus

Fiscus has revolutionized the crypto world with a utility token backed by a revenue-generating treasury. Composed of a wide range of on-chain assets, the treasury generates revenue in three distinct ways:

Fiscus needed access to high-quality and decentralized price data feeds that enable accurate calculations for bonds.

Phil Raglin, founder of Fiscus, stated:

“We value everything that Chainlink brings to the Fiscus ecosystem. It’s important that FiscusDAO uses the best infrastructure possible in Web3, and Chainlink Price Feeds play a critical role in making sure our bonding program is rolled out properly. ”

Fiscus aims to bootstrap liquidity and add to the protocol’s revenue-generating treasury assets through a bonding mechanism

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 application.

About FiscusDAO

Fiscus DAO is on the leading edge of solving one of the most pressing issues in the blockchain universe — how to bring the value of off-chain assets to the blockchain.

Fiscus DAO’s mission is to create a financial structure that merges the two worlds together. Composed of a wide range of on-chain assets, the treasury generates revenue in three distinct ways:

SOURCE

https://medium.com/@FiscusDAOteam/fiscus-integrates-chainlink-price-feeds-for-accurate-bond-prices-d2b61868c95d

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