Radix Integrates Chainlink to Make DeFi Oracles Easily Accessible to Developers
Chainlink will provide Radix developers with high-quality market data to build DeFi apps including financial derivatives, lending products, and more
Radix, the first layer-1 protocol built specifically for decentralized finance, announced it will integrate with Chainlink to make DeFi oracles easily accessible to developers. Chainlink oracles will give Radix developers access to a wide range of secure, accurate off-ledger data. This data will help Radix developers as they recreate traditional financial services as decentralized apps and develop completely innovative DeFi products in the Radix ecosystem.
A key need for DeFi application developers is access to market data. Because not all market data is inherently available within the network itself, Radix dApps need to access off-ledger sources to obtain such information. Oracles solve this problem by interfacing with off-ledger APIs to make off-ledger data natively accessible within Radix. After reviewing oracle solutions, Radix selected Chainlink to open up a variety of data types. The company’s immediate focus will be integrating Chainlink’s widely used price feeds, which already service many top DeFi applications including Synthetix, Aave, and Bancor.
Recommended AI News: Sendbird Responds to Widespread Need for Connecting Digitally With Launch of Supergroup Channel
“Giving Radix developers access to a wide range of high quality data is vital to our mission of providing the best infrastructure to build next generation DeFi products,” said Piers Ridyard, CEO of Radix. “Chainlink’s price oracles enable Radix developers to offload complex and time-consuming oracle infrastructure to industry experts, allowing our ecosystem to focus solely on designing smart contract applications that re-architect the global finance system.”
Recommended AI News: Cyber Threat Intelligence Expert SEKOIA Announces a First Fund Raising of 10 Million Euros
“We’re excited to empower developers to build next-generation DeFi applications on Radix’s innovative layer-1 protocol by providing them with secure and reliable oracle solutions,” said Daniel Kochis, Head of Chainlink Business Development. “By making in-demand market data accessible via Chainlink oracles, we’re confident that the Radix platform can support a plethora of new data-driven financial products for both crypto and traditional asset markets.”
Through access to high-quality market data in a highly available and tamper-resistant manner, Radix developers can start building a wide range of DeFi applications including financial derivatives, decentralized lending products, asset management services, and more.
Thanks , I have recently been searching for info about this topic for ages and yours is the greatest I have discovered till now. But, what about the bottom line? Are you sure about the source?
What’s Taking place i am new to this, I stumbled upon this I have found It absolutely useful and it has helped me out loads. I’m hoping to give a contribution & aid other customers like its helped me. Good job.
Export of Copper scrap Copper wire scrap suppliers Metal recyclable materials
Recycling technology for Copper cable scrap, Metal scrap sales agreements, Copper scrap weight measurement
Today, I went to the beachfront with my children. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is completely off topic but I had to tell someone!
As soon as I found this site I went on reddit to share some of the love with them.
What Is Puravive? Puravive is a natural w********** supplement that is known to boost the metabolic processes of the body.
I reckon something really interesting about your site so I saved to bookmarks.
Great post. I was checking continuously this blog and I’m impressed! Very helpful information specifically the last part 🙂 I care for such info much. I was looking for this certain information for a long time. Thank you and good luck.
Precisely what I was looking for, thankyou for putting up.
I’ve been surfing on-line more than three hours today, yet I never discovered any fascinating article like yours. It is beautiful worth sufficient for me. Personally, if all web owners and bloggers made good content as you did, the net will probably be much more helpful than ever before.
Today, I went to the beachfront with my kids. I found a sea shell and gave it to my 4 year old daughter and said “You can hear the ocean if you put this to your ear.” She placed the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is entirely off topic but I had to tell someone!
Hi there! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing many months of hard work due to no data backup. Do you have any solutions to prevent hackers?
I have recently started a site, the info you provide on this website has helped me greatly. Thank you for all of your time & work.
I’ve been surfing online greater than 3 hours as of late, yet I never discovered any fascinating article like yours. It is pretty worth enough for me. In my opinion, if all webmasters and bloggers made just right content material as you probably did, the web shall be much more helpful than ever before. “No one has the right to destroy another person’s belief by demanding empirical evidence.” by Ann Landers.
I like this website very much, Its a very nice berth to read and receive info . “Being powerful is like being a lady. If you have to tell people you are, you aren’t.” by Margaret Hilda Thatcher.
Your place is valueble for me. Thanks!…
There are some interesting deadlines in this article but I don’t know if I see all of them center to heart. There is some validity however I will take maintain opinion till I look into it further. Good article , thanks and we wish more! Added to FeedBurner as nicely
After examine just a few of the weblog posts on your website now, and I really like your manner of blogging. I bookmarked it to my bookmark website checklist and will probably be checking back soon. Pls try my web site as nicely and let me know what you think.
Howdy I am so grateful I found your blog page, I really found you by mistake, while I was researching on Askjeeve for something else, Regardless I am here now and would just like to say thank you for a fantastic post and a all round entertaining blog (I also love the theme/design), I don’t have time to read it all at the minute but I have bookmarked it and also added in your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the superb job.
Heya this is kinda of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code with HTML. I’m starting a blog soon but have no coding experience so I wanted to get guidance from someone with experience. Any help would be enormously appreciated!
Really nice design and good articles, hardly anything else we want : D.
Hiya! I just want to give an enormous thumbs up for the great information you could have right here on this post. I will be coming back to your blog for more soon.
Nice that you are here. Feel free to ring through if free show room, if you are a wanker, submissive or a slave. I am quite multifaceted and like to ask friendly what you like to do. Let’s see if I like it.
I truly appreciate this post. I’ve been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thanks again
I have been checking out a few of your stories and i can state pretty good stuff. I will make sure to bookmark your site.