Sunday, September 19, 2021

Weekly Wrap: This Week In Chainlink September 13 - September 19, 2021

Chainlink News and Announcements

Starting October 22, the Chainlink Fall Hackathon will give devs the chance to compete for rare NFTs & $300k in prizes, with top-notch support from mentors & exclusive access to technical workshops & more. Register below for our biggest hackathon yet!

Register for Chainlink India Blockchain Week, a 3-part technical series exploring the Chainlink developer experience. Experts from @0xPolygon & Chainlink Labs will showcase how Chainlink’s off-chain services empower devs to build more fully-featured dApps.

Join us on September 30th for the inaugural Chainlink Tech Talk. We'll cover how DeFi lending protocol @bZxHQ uses Chainlink Keepers to lower on-chain computation fees and automate key smart contract functions.

Congratulations to the winners of the recent @ETHIndiaco ETHOdyssey hackathon! Their projects demonstrated the exciting use cases for hybrid smart contract applications when developers have easy access to secure off-chain services powered by Chainlink.

Chainlink Grants

We’re pleased to award @AppBlockchain a grant to build native Chainlink support for the create-eth-app toolkit, enabling developers to leverage standardized one-click templates for creating interactive web-based interfaces for Chainlinked smart contracts.

Chainlink Labs Updates

Chainlink Labs is growing the team to meet the blockchain ecosystem’s demand for secure off-chain services that unlock smart contract innovation. Apply today for the opportunity to join an industry-leading organization and help build a world powered by cryptographic truth.

Integrations

@CryptoZoonBSC has integrated Chainlink Price Feeds, bringing reliable pricing to its NFT marketplace and enabling collectibles & other assets to be listed at a stable price & then purchased in a different cryptocurrency using real-time exchange rates.

@FlourishingAI is integrating Chainlink Price Feeds on @0xPolygon to supply its AI-powered portfolio management tools with high-quality price data, supporting its deep learning-powered blockchain analysis system in making precise and timely decisions.

We’re excited to announce our upcoming collaboration with @tecnalia, one of the world’s largest applied research institutions, to research potential applications of Chainlink oracle technology in new sectors and markets, including energy and Industry 4.0.

@UltiArena is integrating Chainlink Price Feeds on @BinanceChain to help ensure accurate pricing in its NFT marketplace. UltiArena is also integrating Chainlink VRF to fairly distribute reward tokens to players using secure, verifiable randomness.

Decentralized lending protocol @VeeFinance has integrated Chainlink Price Feeds on @avalancheavax mainnet to access decentralized price oracles optimized to provide high-quality data at low latencies and without single points of failure.

@divergencedefi is integrating Chainlink Price Feeds to help ensure that its binary options are referencing accurate, up-to-date asset values during settlement and have robust protections against downtime, flash crashes, and data manipulation.

Sports-focused DeFi & NFT protocol @defi_11 is integrating Chainlink Sports Data Feeds to support its blockchain-based fantasy leagues and help ensure platform outcomes are settled accurately and transparently right after sporting events take place.

@GrowthDefi is using Chainlink Price Feeds on @BinanceChain to support their collateralized stablecoin lending protocol MOR, helping ensure on-chain lending rates & liquidation calculations are based on accurate, tamper-proof, and up-to-date market data.

DeFi rebalancing protocol @idlefinance is leveraging Chainlink Price Feeds on Ethereum to accurately calculate users' LP mining rewards. Idle Finance is also sponsoring Chainlink Price Feeds to enable support of their native asset within DeFi platforms.

@handle_fi, a DeFi protocol building on-chain forex markets, has integrated Chainlink Price Feeds on @arbitrum mainnet to provide its users with high-quality, up-to-date, tamper-proof pricing when creating & exchanging various fiat-pegged stablecoins.

@Trustworks_NfT, a blockchain-based social app, is integrating Chainlink Price Feeds to access precise, up-to-date, tamper-proof price data, ultimately helping power real-time, fair-market exchange rate calculations on the platform’s NFT marketplace.

@twindexcom is using Chainlink Price Feeds to provide asset prices for Twindex 2.0, an algorithmic mirrored asset model, helping ensure on-chain assets are minted and redeemed at a fair market value—stabilizing the peg to the assets they represent.

DeFi protocol @float_capital has integrated Chainlink Price Feeds on @0xPolygon mainnet to launch a new tokenized market called "The Flipp3ning," which uses Chainlink oracles to track the relative market cap of Ethereum compared to that of Bitcoin.

Lending platform @ola_finance has upgraded its oracle mechanism to Chainlink Price Feeds live on the @FantomFDN mainnet, providing market creators with seamless access to high-quality pricing data with full market coverage on a variety of on-chain assets.

Global financial data provider @ActivMarketData will supply premium data to the DeFi ecosystem through the Chainlink Network. Activ Financial will begin by making real-time data regarding traditional financial assets available across leading blockchains.

VRF Integrations

NFT marketplace @PolkaFantasy is integrating Chainlink VRF to access provably fair & tamper-proof on-chain randomness, unlocking randomized NFT distribution and unpredictable NFT trait generation to create a more engaging experience for users.

@The_HUSL is integrating Chainlink VRF on its NFT-based platform, where musicians can connect directly with fans. Chainlink VRF provides the verifiable source of randomness needed to distribute NFTs to fans in a provably fair manner.

Community-governed, multi-chain launchpad @multi_pad is integrating Chainlink VRF across multiple blockchains to select random community members eligible for project allocations in a provably fair, transparent, and tamper-proof manner.

@ElephantNFTS is using Chainlink VRF to ensure a provably fair, transparent, and tamper-proof distribution of prizes between users who make a $20+ donation to an elephant charity or buy an Elephant NFT during a StampedeSunday charity donation drive.

Blockchain gaming company @DogiraOfficial is integrating Chainlink VRF on @0xPolygon to supply their on-chain games with a secure source of verifiable randomness, helping create gameplay experiences that users can publicly audit as truly fair & unbiased.

@bezoge has integrated Chainlink VRF into its blockchain-based, play-to-earn MMORPG Legends of Bezogia. Chainlink VRF is used to fairly and securely determine which random Bezogi NFT character a user receives upon opening an Origin Block.

Keepers Integrations

@Sigmadex is integrating Chainlink Implied Volatility Data Feeds to help their AMM algorithm better manage risk, and Chainlink Keepers to automatically adjust computation parameters according to market conditions, enabling balanced & responsive markets.

@88mphapp, a DeFi protocol for fixed-rate yields, integrates Chainlink Keepers to automatically update its on-chain interest rates—effectively eliminating manual processes while enhancing reliability to create a truly set-and-forget user experience.

What’s New for Developers 🛠

Chainlink Price Feeds are decentralized at the data source, oracle node, & network layers, helping ensure reliable and tamper-proof oracle updates. Integrate the PUNDIX/USD Price Feed on Ethereum today to create markets around @PundiXLabs' native token.

Explore our Off-Chain Reporting (OCR) documentation to learn how Chainlink Data Feeds are powered by decentralized oracle networks that securely aggregate data off-chain, increasing scalability and lowering the on-chain gas costs of updates by up to 90%.

Featured Videos & Educational Pieces 🎥

  • What Is Chainlink? A Two-Minute Explainer
    • Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

  • Building a Global Standard for Cryptographic Truth
    • From Internet protocols like HTTPS to operating systems like Linux, the world runs on open-source standards. Following this pattern, Chainlink provides core infrastructure for extending the utility of blockchain networks & enabling global systems based on cryptographic truth.

  • ZUZ Protcol on Chainlink Live | NFT Infrastructure Tooling and Applications
    • Join us on Chainlink Live for a video Q&A with ZUZ Protocol. We’ll cover the variety of NFT infrastructure tools that ZUZ is building to help create a deeper and diverse ecosystem for ERC 721 tokens including digital art, collectibles, tickets, and more. We’ll also find out how ZUZ is using Chainlink VRF to ensure provably random numbers are used on the platform.

  • How to Use Chainlink Keepers to Automate Solidity Smart Contracts
    • In this developer tutorial, Stephen Fluin from Chainlink Labs shows how to use Chainlink Keepers to automate smart contracts by giving them access to off-chain computation. Stephen demonstrates how to create a Keepers-compatible smart contract and register that contract for Upkeeps with the Chainlink Keeper Network.

  • Cook Finance on Chainlink Live | Cross-Chain Asset Management for DeFi
    • Watch this DeFi Q&A with Cook Finance to learn about their cryptocurrency index platform and how the Chainlink Price Feed integration helps calculate the prices of index tokens on the Cook platform at the time of issuance. Cook Protocol is a trustless, transparent and well-incentivized cross-chain asset management platform that allows investors and fund managers to manage their crypto assets through highly customized cross-chain investment portfolios. Cook provides a wide variety of asset management services and advanced trading tools, highly liquidized funds, and access to leveraged diversification.

  • How PoolTogether Uses Chainlink & The Graph in the Web3 Stack | Chainlink User Roundtable
    • Chainlink developer Patrick Collins and The Graph developer Pranava Maheshwari talk with PoolTogether CTO Brendan Asselstine with a technical look at how PoolTogether uses both Chainlink and The Graph in the Web3 stack. PoolTogether uses Chainlink VRF for provably fair random number generation in their pooled savings platform. Additionally, PoolTogether has been a leader in decentralizing their protocol using The Graph subgraphs so any developer can query PoolTogether’s subgraph API.

Ecosystem & Community Celebrations 👏

Upcoming Events 📅

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

Chainlink’s Community Grant Program empowers our ecosystem to create valuable resources that help accelerate the adoption of Chainlink-powered smart contracts. Apply for a grant today.

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


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