GSR partners with Chainlink to integrate price data for smart contracts

GSR partners with Chainlink to integrate price data for smart contracts

“High-quality market data is vital to the growth of the multi-chain ecosystem,” says Chainlink co-founder Sergey Nazarov. Crypto market-making firm GSR has partnered with Chainlink to contribute price data to decentralized oracle networks (DONs) to be used within decentralized finance (DeFi) and smart contract applications, highlighting that the blockchain industry is moving forward to interoperability and more cross-platform compatibilities.In an announcement, Sergey Nazarov, the co-founder of Chainlink, said that “high-quality market data is vital to the growth of the multi-chain....


Related News

Chainlink releases native Substrate module to bring its oracles to Polkadot

Polkadot parachains can now choose to add Chainlink price feeds to their runtime. Polkadot and Chainlink have announced the release of Chainlink’s Price Feeds as a module, or “pallet” in Polkadot terminology, for the Substrate blockchain framework.The release means that any project building on the Substrate framework — which includes Polkadot and Kusama parachains, as well as independent blockchains — can integrate Chainlink oracles through a simplified library.The announcement comes as the latest result of a long-standing collaboration between Chainlink and Polkadot, now offering a....

Fantom Partners With Chainlink to Provide Developers With Randomness Solution...

Fantom continues showing their dedication to improving developer experiences working on their platform with their latest partnership. They teamed up with Chainlink to natively integrate Chainlink Verifiable Random Function, which is a secure and verifiable on-chain randomness solution built specifically for smart contracts. This will act as a recommended random number generator solution for Fantom […]

Blockstack’s Clarity Smart Contracts Will Source Data From Chainlink Oracles

Blockstack and Algorand's Clarity smart contracts will source their data from Chainlink's oracle network.

How The BarnBridge Integration With Chainlink Will Deliver Smart Asset Exposure

Tokenized risk protocol BarnBridge (BOND) continues to innovate in the DeFi sector. Via their Twitter handle, this project has announced a new partnership to integrate with the Chainlink Keeper Network, a solution that enables smart contracts to be Upkeep by Keeper nodes, on Ethereum mainnet. In other words, BarnBridge can overcome its smart contract limitation, […]

What is Chainlink VRF and how does it work?

Using the provably fair and verifiable random number generator provided by Chainlink VRF, smart contracts can access random values without compromising security or usability. Blockchain technology has spawned many applications over the past few years, the most popular being cryptocurrencies. It has also facilitated the creation of many decentralized, secure and transparent marketplaces in the digital economy. Offering far more trust since all transactions are immutably recorded on the blockchain, this technology has been well supplemented by the smart contract feature popularized by....