"We recommend that #DeFi Protocols using @CurveFinance LPs implement the below design pattern using #Chainlink Price Feeds as a way to eliminate their exposure to flash loan attacks"
$CRV $LINK
https://t.co/404BVdNnEt
#Chainlink Price Feeds provide full market coverage because there are three levels of aggregation
At the data provider level: aggregating from all exchanges
At the node operator level: aggregating from multiple data providers
At the network level: aggregating from multiple nodes
To ensure fair market pricing of Curve LP tokens used within various #DeFi protocols, @CurveFinance has recommended protocols integrate #Chainlink Price Feeds to value LP tokens against other assets as a way to protect their users from flash loan exploits. https://t.co/4MG1dTlbaq
Privacy-focused blockchain @BeamPrivacy is integrating #Chainlink Price Feeds to enable its developers to build #DeFi dApps. The initial integration will focus on using Chainlink oracles to maintain collateralization of its confidential stablecoin protocol.https://t.co/ruU9w4Cu5m
Excited to join @Chainlink! Building infra for crypto is my passion. Trustless digital agreements were a dream when I began my crypto journey. Today, scalable and reliable data networks for smart contracts is what I believe will unlock the next phase of growth for #DeFi.
Oracles and Advocates.
The simplest oracles are the feeds of cryptographically verifiable financial data, which are already being put on-chain.
The simplest advocates are posts that cite these oracles by directly linking block explorer entries.
Example: https://t.co/eUnxvj7RPv
We're very excited to announce that https://t.co/XhxbpQexB8 now displays the total value secured (USD) by the #Chainlink network for @AaveAave, @synthetix and @NexusMutual, with more integrations to come!
https://t.co/4YOThyrC4N
In our recent blog, we discuss technologically generated definitive truth in Bitcoin, Ethereum & #Chainlink. Chainlink's ability to create definitive truth about the off-chain world greatly expands the addressable market size of the smart contract economy. https://t.co/OmFqmn7vJn