Solana Integrates Chainlink Price Oracles on Mainnet
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Solana Integrates Chainlink Price Oracles on Mainnet

THELOGICALINDIAN - Developers will now be able to advantage seven altered Chainlink amount feeds on Solana

Chainlink appear today that its decentralized amount oracles accept become accessible on Solana, initially acceptance developers to antecedent reliable, real-time amount abstracts for seven altered trading pairs, with hundreds added to appear in the advancing months.

Chainlink Price Fees Go Live On Solana

Developers on the high-throughput blockchain are accepting addition tech lego to body with.

The arch answer provider appear in a Friday columnist absolution that its amount answer networks had gone alive on the Solana Mainnet. To activate with, developers will be able to advantage seven altered Chainlink amount feeds, including ones for the BTC/USD, ETH/USD, and USDC/USD trading pairs, to body above decentralized applications on the blockchain. Hundreds of amount feeds will additionally become accessible in the advancing months.

Commenting on the integration, the co-founder of Chainlink, Sergey Nazarov, said: 

“By accouterment the best reliable and accomplished affection abstracts to the already lightning-fast Solana blockchain, the Chainlink affiliation with Solana is a above bound advanced for the affectionate of scalable, institutional-grade, DeFi applications that can be congenital alone on Solana. Chainlink is now the best able-bodied and absolute answer arrangement on the Solana blockchain, and we ahead its role in the Solana ecosystem to aggrandize as we accommodate added amount feeds and added off-chain services.”

The co-founder of Solana, Anatoly Yakovenko, added that Chainlink’s barrage on the arrangement will “give DeFi developers admission to the best broadly acclimated oracles in blockchain” and accredit them to “build new DeFi dapps and products.” To that point, assorted Solana-native DeFi projects accept already committed to adopting Chainlink’s amount feeds, including crop aggregators Francium and Tulip, money bazaar Paricot Finance, and the stablecoin agreement UPFI.

Besides the price feeds, Chainlink additionally said it wants to accompany added of its casework to Solana, including its Proof-of-Reserve account for asset attestations, its keepers for event-driven and time-based automation, and its Verifiable Random Function for sourcing randomness.

Disclosure: At the time of writing, the columnist of this allotment endemic ETH and several added cryptocurrencies.