Chainlink is open-source technology that is collectively developed by a large community of developers, researchers, and users who share the goal of building Chainlink into a public good for the benefit of the entire blockchain ecosystem . Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of. Its network currently secures billions of dollars in value for smart contracts across the decentralized finance (DeFi), insurance and gaming ecosystems, among others. Chainlink is trusted by.. Chainlink has already laid the ground for their growth. Launched last month, an upgrade implementing On Chain Reporting (OCR) is bringing 10 times more data on-chain to boost DeFi products and services. It means that, now, data aggregation happens entirely off-chain
Chainlink is also crucial to DeFi projects like Kyber Network, AVA, Graph Protocol, Synthetix, and bZx as they rely on Chainlink's oracles for ETH price feeds. Partnerships have been a tremendous catalyst for LINK in the past, most notably Google, Intel, and Oracle DeFi Driving Chainlink's Link Token to Record Highs Chainlink's link token jumped to record highs on Monday, far surpassing bitcoin's returns since the start of 2020. The ever-increasing use of.. Smart MFG Tech and Chainlink will work together to Integrate Oracles Powering DeFi-Based Supply Chain Applications . Smart MFG first established itself as a market leader in decentralized supply chain applications through its partnership with SyncFab — a blockchain platform that allows OEM Purchasing and Engineering Departments to source, procure, track, secure, and pay for precision parts ..
Chainlink price continues to surge to new highs but is it reaching bubble territory? On July 13 Chainlink (LINK) rallied more than 34% to reach a new all-time high at $8.48. Is Chainlink (LINK) a Bubble? On-Chain Data and DeFi Suggest Otherwis DeFi is an abbreviation of the phrase decentralized finance which generally refers to digital assets and financial smart contracts, protocols, and decentralized applications (DApps), most of which are built on Ethereum. In simpler terms, it's financial software built on the blockchain that can be pieced together like Money Legos Chainlink, SushiSwap execs join non-profit GoodFi to bring 'DeFi to 100 million people'. Some of the largest crypto projects are working together to improve education and adoption of DeFi among the masses. Over 22 developers and executives from decentralized finance ( DeFi) heavy-hitters Chainlink, Aave, Sushiswap, and several other crypto. Chainlink founder Sergey Nazarov says the oracle provider is helping to drive growth in DeFi. Chainlink has announced multiple integrations with DeFi startups, offering more secure, decentralized retrieval and delivery of data. Nazarov sees gaming as the second biggest use for blockchains after finance
For his prize-winning Chainlink hackathon submission, smart contract developer Max Feldman used Chainlink Price Feeds to calculate on-chain price volatility for a variance swap DeFi product. In this tutorial, Max explains how to calculate volatility from Chainlink Price Feeds and use this data to trigger smart contract derivatives, showcasing yet another example of how decentralized [ CipherTrace, the industry standard in cryptocurrency intelligence, introduces DeFi Compli, a compliance solution enabling DEXs and DeFi applications to abide by the Office of Foreign Assets Control (OFAC) sanction requirements. This oracle delivers CipherTrace's source-signed compliance data directly on-chain to your smart contract Oracles have been critical components in the DeFi boom. They offer access to off-chain and on-chain data for smart contracts - the vital parts of the DeFi ecosystem. Chainlink, one of the leading decentralized oracle providers, has been successful in partnering with big names in the industry and experience considerable growth in the past months
Last week, Chainlink Co-Founder Sergey Nazarov joined Base Layer podcast host David Nage to discuss Chainlink's universality within the ecosystem of Ethereum, other chains and layer-2s, as well as how centralized banks and fintechs should prepare to interact with DeFi protocols in the near future. Noting Goldman Sachs' plan to offer a full spectrum of [ Chainlink is looking to hire a Product Manager, DeFi to join their team. This is a full-time position that is 100% remote with no geographical restrictions. Work remotely from anywhere What people don't know is that the entire crypto market is $1.6000000000000 in the stock market is almost 90 trillion right now in defy defy the DEFI sector in crypto. there's only 56 billion. The king of DEFI is CHAINLINK and none of that would even work without CHAINLINK. Nothing on Ethereum network will work without CHAINLINK Speaking to Decrypt about Chainlink 2.0 on April 15, Nazarov said that NFT, stablecoin and DeFi ecosystems could reach $ 500 billion in TVL this year. However, he stated that with Chainlink 2.0, smart contracts can be created that will enable the growth of the DeFi ecosystem.. DeFi ecosystem has grown. The TVL value of DeFi platforms in the Ethereum network has approached $ 80 billion chainlink_defi. This repo allows you to stake your FAU/LINK/DAPP or any accepted ERC20 and receive DAPP token as a reward (and can do yeild farming). It gets the Kovan price feed of the ERC with ETH to calculate value. To get started clone this repo
DeFi Driving Chainlink's Link Token to Record Highs. Chainlink's link token jumped to record highs on Monday, far surpassing bitcoin's returns since the start of 2020. The ever-increasing. DeFi Developer Tool Education EMINENT Energy Enterprise Gaming Health Infrastructure Insurance IoT Launchpad Layer 2 Marketing Monetisation NFT Node Huobi ECO Chain 2021, Blockchain 0. reNFT 2020, Gaming, NFT 0. Climate Futures 2020, DeFi 0. Epik Protocol 2020, Infrastructure 0. DeerFi 2020, DeFi 0. Velo Labs 2020, DeFi 0 Additionally, Chainlink will develop on-chain Proof of Reserve Data Feeds for Paxos assets, allowing DeFi applications to quickly verify on-chain that PAX tokens are fully backed 1:1 by US Dollars and PAXG tokens are fully backed by gold bars, both of which are held off-chain in Paxos' custody Chainlink is the most widely used oracle network for powering hybrid smart contracts, enabling any blockchain to securely access off-chain data & computations
Supported Blockchains. Chainlink is a blockchain agnostic technology. This section lists the blockchains that Chainlink Price Feeds are currently live on, and the details of where to access them. LINK token on multiple chains. See the LINK Token Contracts page for the details of LINK on each blockchain 7 DeFi Stocks and Investments to Watch for the Blockchain Revolution. The DeFi revolution is underway, and that means opportunities to profit for those investors savvy enough to get ahead of the. That's why we emphasized DeFi in the title- the Binance Smart Chain is centralized to Binance as a company. Binance Smart Chain's home page Unlike Ethereum, which is still a Proof-of-Work-based protocol, BSC uses a hybrid consensus algorithm called Proof of Staked Authority (PoSA) , which allows BSC to achieve significantly higher transaction throughput without sacrificing security On Monday (April 12), the Wanchain team announced that now XRP token holders can put their XRP to work and engage with the world's many DeFi applications.. Wanchain is a blockchain interoperability platform. Since Wan means ten thousand in Chinese, the brand name Wanchain translates to ten thousand blockchains All-in-one wallet extension. DeFi users can connect to Ethereum, Polkadot, Kusama, Binance Smart Chain, Avalanche, Fantom, and Edgeware blockchains and seamlessly transact with the Clover wallet extension interface. Download Now. 03. Clover-native CLV token. The Clover CLV token is cross-chain compatible as our unique 2-way peg bridge.
Karura is a sister-chain to Acala, which is the DeFi hub of the Polkadot ecosystem. It hopes to fufill the same role in the Kusama ecosystem. Kusama is similar to Polkadot, however, it is seen as a faster options, as it is a multi-chain network and operates independently, with faster governance. It also features higher risk tolerance Overview. Chainlink is a decentralized oracle network built on Ethereum designed to connect off-chain data sources to on-chain smart contracts. LINK serves as the utility token for the Chainlink network which acts as a trust-minimized middleware solution to the oracle problem by providing reliable tamper-proof inputs and outputs for complex smart contracts on any blockchain RAMP DeFi, a liquidity on-ramp solution to unlock liquid capital from staked digital assets, has integrated Chainlink price feeds to its Ethereum and Binance Smart Chain (BSC) mainnet to power the RAMP V2 app.. According to an announcement by RAMP DeFi, the integrated Chainlink oracles also included a newly launched RAMP/USD Price Feed. The high-quality price data gained through Chainlink.
HARD Protocol, the cross-chain DeFi money market platform built on top of Kava, has announced its Version 2 upgrade enabling customers to earn up to 25% APY on various currencies, including bitcoin. Additionally, the updated version will also introduce different functions for financial institutions looking to take advantage of the growing decentralized finance space 6 Binance Smart Chain (BSC) DeFi Projects to Watch in 2021. This year has seen the restructuring of the crypto sector in many different ways. The growth of the DeFi and NFT sectors has put a large strain on older blockchains, such as Ethereum. These networks were built in a way that is designed to increase their fee structure based on the. GokuMarket DeFi on Binance Smart Chain. GokuMarket is preparing to launch DeFi on the Binance Smart Chain (BSC), which has smart contract functionality to offer DeFi services such as borrowing. DeFi Deep Dive - On-Chain Analysis and DeFi. So called on-chain analysis is an emerging field in crypto, designed to help traders enhance their strategies. By leveraging information found on the public blockchain, on-chain analysts hope to better predict future market moves. These analysts scrutinize blockchain data such as transaction.
InsurAce, a DeFi insurance protocol, is introducing multi-chain insurance services on its Ethereum dApp (app.insurace.io), in order to offer insurance coverage to protocols and blockchain. A multi-chain decentralized structured finance protocol is revolutionizing the DeFi space by introducing innovative robo-advisory services. A multi-chain decentralized structured finance protocol, Skyrim is all set to create an evolution in the DeFi landscape by designing an automated robo-advisory solution for fixed yield and leveraged yield decentralized financial primitives Wing, the credit-based cross-chain DeFi lending platform developed by Ontology, the public blockchain specializing in decentralized identity and data, is now live on Ethereum. Launched on the Ontology blockchain in September 2020, Wing has seen monumental growth in both the total value locked, which now stands at over $200m, as well as in levels of lending and borrowing activity between users
Effective immediately, XRP token holders can put their XRP to work and engage with the world's many DeFi applications such as WanSwap, an innovative cross-chain DEX. In other words, XRP holders can now securely use their XRP to farm, mine and provide liquidity rather than simply leaving their tokens, inactive, in wallets and exchanges Chainlink joins Hedera council in push to link DeFi with traditional finance. By Forkast.News; May 20, 2021; 1 minute read; Image: Envato Elements. Chainlink, a data oracle, has joined the Hedera Governing Council, which oversees the distributed governance of the Hedera network, an enterprise-grade public network for the. Binance Smart Chain Successfully Integrated Chainlink's Oracle Solution for Building DeFi. Now, developers on Binance Smart Chain can build better smart contract apps with the help of real-world data from Chainlink's oracle solution. As Binance Smart Chain nears its mainnet launch, it has started collaborating with Chainlink, and this is.
Kesef Finance Cross-chain protocol making DeFi accessible to everyone. Decentralized Finance (DeFi) industry is maturing over time with new innovations and new products hitting the markets. Newcomers are learning from the mistakes of old players by fine-tuning their applications with better security and new features Advertisement. Amsterdam-based DeFi platform Effect Network, EOS's most used decentralized app, has revealed plans of moving its entire network from the EOS Blockchain to the Binance Smart Chain (BSC). Effect Network—a DeFi platform with a goal of linking companies to job seekers worldwide—revealed its decision to switch was driven by. 3 of the top 5 DeFi dapps are running on BSC in the last 24 hours. In a historical moment, Ethereums DeFi crown has been shaken by newcomer Binance Smart Chain. Looking at the top 5 DeFi dapps ranked by volume over the last 24 hours reveals that 3 Binance dapps, Venus, Autofarm, and PancakeSwap, are in first, second, and fifth place respectively BOSAGORA has newly issued 400,000 BEP-20-based BOAs to link them with Binance Smart Chain. As a result, 400,000 BOAs based on the existing ERC-20 were frozen in lock-up accounts to prevent the. There have been two back-to-back flash loan attacks in a short period of time stemming from two unique Binance Smart Chain decentralized finance (defi) projects. Last Wednesday, the yield-farming.
Meanwhile, the innovative DeFi project's liquidity from Uniswap has experienced a 20x increase to hit an impressive $19 million. The latest development for DYP projects is the integration with the Binance Smart Chain by launching a staking and governance dApp for users to provide liquidity on it Binance is firing on all cylinders, from the Smart Chain to the coin. As BNB comes close to hitting an ATH high today, it is also shown that the TVL in DeFi on the Binance Smart Chain BSC is. Devs from DeFi Yield Protocol (DYP) decided to launch on Binance Smart Chain after the success of the Ethereum-based version. In total, DYP liquidity providers have earned more than 7,000 Ethers (equal to $14 million) during the first three months of staking dApp activation. This hype is nowhere near an end as net DYP liquidity on Uniswap (UNI. Chainlink's decentralized oracle networks are critical infrastructure that augments #DeFi smart contracts by connecting them to secure & reliable real-world market data. Integrate the IOST/USD #Chainlink Price Feed for @IOST_Official's native token, already used by @RampDefi Leading Decentralized Ecosystem in DeFi and Stake Sharing. Generate passive daily income while staking your Each user participating in the Airdrop must participate through a referral link of another person to join. Roadmap. January 2021. MoonChain launched. Moon Chain smart contract generates of the stake amount daily and guarantees a.
Binance dual-chain system allows you the freedom to build your own decentralized blockchain apps securely and without the need for an intermediary. Set up your account and get started RAMP DEFI focuses on developing a suite of products that act as the building blocks to power the RAMP ecosystem and cross-chain liquidity transfer. Cross-chain derivatives DeFi protocol conceptualized. Market research of DeFi ecosystem completed. Solution design for cross-chain liquidity bridges completed Chainlink Price (LINK). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio The CFTC's Dan Berkovitz said he thinks much of decentralized finance, or DeFi, is a bad idea, in a speech citing Wikipedia and his Google searches On the other hand, DeFi is not capable of providing cross-chain services. For example, the atomic cross-chain swaps could be highly time-consuming with higher latency, thereby preventing the efficiency of DeFi services. So, CeFi emerges as a winner in the DeFi vs CeFi debate regarding cross-chain services
Introduce 2 new DeFi protocol on Binance Smart Chain - Helmet.insure, a peer-to-peer Crypto assets insurance trading platform and Soups Finance, an experimental project that enables the generation of SOUP tokens DeFi total locked value has hit a record high, reaching nearly $80 billion. Though Ethereum-based protocols continue to lead the market, notable performance has been shown by their main rival. LINK Hits Multiple All-Time Highs as Alt Markets Pump. As altcoin prices surge, LINK has emerged as one of the biggest winners. With liquidity pouring into the asset, it is hitting all-time highs not just in terms of price, but also on-chain adoption Farmland Protocol is founded by a group of blockchain and DeFi experts, with years of experience in finance, derivatives, dApp development and decentralized organization management. The team used to work in top-tier blockchain companies and start-ups, and are graduates of famous universities from all over the world Top DeFi tokens fared even worse. Uniswap (UNI) fell 25%, Chainlink (LINK) fell 24%, Aave (AAVE) fell 24%, and Maker (MKR) fell 19%. CAKE, the native token of PancakeSwap, the top DEX built on Binance Smart Chain (BSC), tanked 29%
The Trust Project is an international consortium of news organizations building standards of transparency. Credit-based cross-chain DeFi lending platform Wing is now live on the OKExChain (OEC). Wing was developed by Ontology and is a public blockchain specializing in decentralized data and identity. OKEx, a Chinese exchange, launched in. February 3, 2021. by Ledger Insights. Yesterday a story circulated of a developer who took out a DeFi mortgage. But in reality, it was just another cryptocurrency loan, albeit a novel one at a high fixed interest rate. There are already plenty of mortgages stored on a blockchain at scale, but a centralized entity usually does the loan origination During DeFi's most innovative and exciting year, a new kind of trading experience has exploded onto the scene. Hegic is an on-chain, non-custodial platform for options trading, launched by the enigmatic Molly Wintermute. The platform has grown significantly in recent months, after its inauspicious start in April. The first iteration suffered from buggy code, which required Wintermute to. When market makers start to market make on-chain, they open themselves up to the world of possibilities in DeFi, which is impossible if interacting with DeFi at a hybrid or off-chain level.. Around the end of September, Kyber will be launching an exciting new initiative to complement our FPR.This will involve an end-to-end liquidity framework for market makers Orion Protocol announced last Friday, May 14, through its Twitter account, its new strategic partnership together with Chainlink, to provide real-time price data of the entire crypto market to Chainlink Oracles and thus achieve a DeFi's best price discovery
Band and Chainlink are both building infrastructure that enables interoperability of smart contracts, and while these are two leading oracle projects in their own right, the rivalry and drama between the two seem to go beyond token sales and market capitalization. Off late, however, every time a DeFi protocol has announced its partnership with Band, [ Why cross-chain is the future of DeFi industry? C.S. Lewis once said, Two heads are better than one, not because either is infallible, but because they are unlikely to go wrong in the same direction. This idea applies not only to human heads but also to investment and business growth strategies.. Most surely, you have heard that a smart investor diversifies his portfolio to reduce risk. Cryptocurrency intelligence firm CipherTrace is reportedly using Chainlink to release CipherTrace DeFi Compli: a compliance solution enabling decentralized or non-custodial exchanges (DEXs) and. Last Updated Jan 11, 2021 @ 17:00. An Israeli blockchain startup and Binance have partnered to launch a new initiative aiming to support new projects within the DeFi space. The leading cryptocurrency exchange Binance has teamed up with an Israeli blockchain company called Orbs to be the first core sponsors of a DeFi-related program
We beg to disagree. For us, DeFi is an opportunity to offer better solutions to the blockchain world. We are committed to building products and services that give people more freedom with their crypto, including DeFi. In early 2019 we supported the creation of Binance Chain and Binance DEX before DeFi went mainstream Rare Crypto Faucet and DeFi Apps Launch on xDai Chain. press release. PRESS RELEASE. Toronto, Ontario, Canada, March 19th 2021 - Affinity Design - Rarify Apps just launched a new deFi. Venus, a decentralized marketplace for lenders and borrowers, has surged over the last seven days to become the leading decentralized finance (DeFi) dapp on Binance Smart Chain (BSC). Ad. The DeFi platform has amassed an impressive $3.4 billion in transaction volume with a daily average of over $400 million coming from 2.4k unique active wallets Glitch Finance: The Purpose-Built DeFi Blockchain. Singapore, May 04, 2021 (GLOBE NEWSWIRE) -- Decentralized finance (DeFi) aims to bring unmediated access to financial services to everyone with. The BSC is the fastest growing chain in DeFi and 100xCoin is capturing the audience. With plans to grow upwards of $7B in market cap this year, CEO Ken Llamas is building the technology that will bring more users than ever before to the chain. He calls it the Robinhood of the Binance Smart Chain, a rightful name