Galaxy Digital Partners With Chainlink to Offer Crypto Price Data on Chain

Date:

Glauber also told CoinDesk that the crypto reference data will aid developers that are building their DeFi primitive or DApp. “These reference prices are important as they can be embedded within smart contracts tied to lending, borrowing, options, futures and more to settle matters all on chain. The growth of these future products should help secure the growing total value locked on DeFi apps, supporting the future development of the ecosystem,” he added.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

It Is ‘Not a Currency’ and Has a ‘Fundamental Value of Zero’ – Bitcoin News

Steve Hanke, professor of applied economics at Johns...

Price analysis 3/27: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

The crypto market corrected on news of the...