Sunday, November 22, 2020

Weekly Wrap: This Week In Chainlink November 16 - November 22

Weekly Wrap: This Week In Chainlink November 16 - November 22

Announcements and Integrations 🎉

Ethereum sidechain @MaticNetwork has successfully integrated Chainlink natively on its mainnet. Chainlink oracles can now be used by Matic's growing DeFi ecosystem to maintain collateralization, price synthetic assets, settle prediction markets, & more.

Leading Ethereum-based blockchain game @AxieInfinity will use both Chainlink Price Feeds & VRF. Axie is using the ETH/USD Price Feed to set exchange rates for purchasing Axies on its marketplace & VRF to generate provably fair NFTs w/ rare mystic traits.

Through our documentation, @BaseProtocol launched a POC Chainlink oracle for aggregated crypto market cap data. Now transitioning to mainnet, Base Protocol is using the Chainlink Network to decentralize its rebasing mechanism for enhanced oracle security.

@SynLevDefi, synthetic leveraged asset pairs tokenized on Ethereum, is using Chainlink Price Feeds live on mainnet to obtain fair market valuations on the underlying assets. Chainlink ensures these assets are accurately priced in a decentralized manner.

@value_defi will use Chainlink Price Feeds to relaunch its MultiStables Vault with guarantees around data quality, oracle security & full market coverage. The integration will protect the Vault against flash loan attacks & other on-chain oracle exploits.

Decentralized law protocol @paid_network will use Chainlink VRF to pick random arbitrators used to settle disputes. Chainlink VRF is a secure, transparent way of ensuring that all qualified judges have fair odds of selection.

We’re thrilled to award a Community Grant to @irisnetwork for a native integration of Chainlink into @bsnbase. This integration will enable governments and enterprises throughout the world to build universally connected smart contracts on BSN.

What’s New for Developers 🛠

The ecosystem of Decentralized Finance (DeFi) applications and the value secured by blockchain oracles are scaling in tandem, mutually supporting the success and growth of one another. As the value secured by DeFi continues to grow at a rapid pace, so does the importance of ensuring that this revolutionary new decentralized financial ecosystem provides a higher level of security and reliability guarantees to its users.

Chainlink nodes run the secure oracle infrastructure that supplies dApps with off-chain data. Using our docs, learn how to launch your own Chainlink node to either build a Proof of Concept oracle for testing or earn revenue by selling data to blockchains.

Chainlink Price Feeds secure billions in value for leading DeFi dApps. Start leveraging them in your smart contracts by using our docs to find mainnet & testnet addresses of oracle networks that provide tamper-proof price data for all the top asset pairs.

We're committed to providing developers with decentralized price oracles resistant to flash loans. Integrate our DAI/USD Price Feed to build new markets around one of DeFi's most popular stablecoins, already used & supported by @DMMDAO and @CelsiusNetwork.

We continue to put more data on-chain so smart contract developers can build advanced DeFi dApps. Integrate our new TUSD Proof of Reserve oracles for data on both its off-chain reserves & on-chain supply to ensure full collateralization of TUSD collateral.

Featured Videos & Educational Pieces 🎥

  • Flash Loans and the Importance of Tamper-Proof Oracles
    • As DeFi grows in Total Value Locked, secure data feeds become more important than ever. In our latest post, we explain flash loan funded price oracle attacks & how developers can use Chainlink oracles to protect their dApps against market manipulation.

Ecosystem & Community Celebrations 👏

RSVP for Upcoming Events 📅

Are you interested in hosting your own meetup? Apply to become a Chainlink Community Advocate today: https://events.chain.link/advocate

Chainlink Labs is hiring to build Chainlink’s network: Check out these open roles 👩‍💼

View all open roles at https://careers.smartcontract.com

Are there other community content and celebrations that we missed? Post them in the comments below! ⤵️


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