FibSwap DEX and Chainlink Integration
FibSwap — a cross-chain, decentralized exchange — has integrated Chainlink Automation live on Polygon mainnet.
FibSwap DEX Integrates Chainlink Automation To Help Automate Asset Distribution in Staking and Yield Farming Pools.
The FibSwap platform is a cross-chain, decentralized exchange. That supports multiple chains and allows users to swap tokens from one chain to the native tokens of another chain in a safe and effective manner. Simply choose the network and token you’d like to swap from, the network and token you’d like to swap to, and finally, you click a button to make it happen.
Chainlink Automation is a decentralized service purpose-built to manage tasks on behalf of smart contracts. Chainlink Automation serves as a decentralized, hyper-reliable, and economically incentivized automation bot that wakes up smart contracts when they need to perform critical on-chain functions, which usually take place at regular time intervals (e.g., every day at the same time) or based on external events (e.g., when an asset hits a specific price).
“We’re very excited to integrate the industry-leading Chainlink oracle network. Chainlink Automation provides important infrastructure for FibSwap, helping increase the reliability, efficiency, and security of our protocol.” — Leo Fibonacci, Founder of FibSwap.
About Chainlink
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. The 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 FibSwap
FibSwap saves valuable time and money in an ever-changing market. It has some of the lowest fees on the market with its unique lowest-fee swap aggregator. Most swaps take seconds to complete, thus giving our users a competitive advantage.
Compatible with most wallets, including cold storage. FibSwap DEX is available on PC and is also one of the first DEXs available as a mobile app.
FibSwap has also released one of the world’s first cross-chain NFT Payment systems, FibPal which will be available to all NFT marketplaces. The payment gateway allows users to buy NFTs directly with tokens on other chains.
