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25 May, 6 tweets, 6 min read
Today in #Chainlink 🔗

"We are proud to announce that we’ve updated the Chainlink Market, allowing users to discover and consume services from leading data provider operated @Chainlink nodes"

Data providers 🤝 Smart contract devs

Based @linkpoolio
medium.com/linkpool/chain…
"The @curio_invest Stablecoin $CSC uses #Chainlink oracle Data Feeds to access a benchmark price on each of the underlying cars backing CTn tokens, ensuring the issuance of fair market loans & full collateralization of CSC"

Luxary car backed stablecoin 👀
investcurio.medium.com/curioinvest-in…
"@curio_invest is pleased to share that it is now leveraging #Chainlink Oracles live on #Ethereum and eventually #Polkadot to obtain valuations for CTn tokens, starting with price benchmarks for the Ferrari F12tdf and then moving to other collectible cars"
"By integrating #Chainlink, @TheMahaDAO will ensure that the $ARTH valuecoin consistently remains stable based on the most precise and up-to-date market price of GMU — a weighted index of multiple different fiat currencies, Gold, and Bitcoin"

Algo-based
medium.com/mahadao/mahada…
"The GMU is a unit of measurement that ties its value to global purchasing power. $ARTH uses a unique composition to calculate the GMU by creating a basket of assets. The pegged price of $ARTH is not affixed to 1 US Dollar, but to the combined value of the assets in the basket"
@SergeyNazarov will be speaking live tonight at the @CoinDesk #Consensus2021 event at 8pm EST about how #Chainlink's decentralized oracle networks enable new blockchain use cases involving off-chain computation

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More from @ChainLinkGod

ChainLinkGod.eth 2.0 Profile picture
27 May
1/ Some clarity on #Chainlink and @arbitrum

TL;DR At launch $ETH will be used at the protocol level for transaction fees and bond from validators, while $LINK will be used at the app level to pay for oracle services such as Price Feeds, verifiable randomness, & L2->L1 messages
2/ An important note: Ethereum (settlement layer), Chainlink (oracles), and Arbitrum (L2 rollup) are entirely complementary technologies, each is an important piece of the puzzle that will allow for the growth of the #DeFi ecosystem at scale

Each component is needed
3/ Starting with Arbitrum's current developer documentation

$ETH will be the medium of exchange that users pay for transactions fees and is the currency staked by validators who post fraud proofs

developer.offchainlabs.com/docs/inside_ar… ImageImage
Read 23 tweets
ChainLinkGod.eth 2.0 Profile picture
27 May
Today in #Chainlink 🔗

"@connexun is pleased to announce that it will be making premium news data accessible to blockchain applications called smart contracts by launching its own #Chainlink node"

Cryptographic proof of real world events stored on-chain
connexun.medium.com/connexun-will-…
"@Barn_Bridge is initially sponsoring the $BOND/ETH Price Feed on #Ethereum, while the $BOND/USD Price Feed has launched on @0xPolygon. This represents the first step in a long-term integration with the #Chainlink Network"

$LINK -> all the price feeds
medium.com/barnbridge/bar…
"@CryptoOptyn uses #Chainlink to price options contracts and synthetic assets, which is important for minting new positions, swapping contracts/assets, settling contracts at expiry, calculating health factors, and managing the liquidation mechanism"

Based
medium.com/optyn/optyn-in…
Read 4 tweets
ChainLinkGod.eth 2.0 Profile picture
25 May
.@GameStop is launching NFTs on the Ethereum blockchain 👀

nft.gamestop.com
etherscan.io/address/0x1337…
The launchDate variable on the contract indicates the NFT(s) will launch in two months, July 14th 11:20am GMT
Read 6 tweets
ChainLinkGod.eth 2.0 Profile picture
25 May
The @bsnbase framework allows Chinese 🇨🇳 and global institutions 🌐 to seamlessly spin up a blockchain node and interface with cross-chain and data-driven #Chainlinked Smart Contracts

@chainlink: Enterprise-grade blockchain middleware enabling advanced hybrid smart contracts ImageImageImageImage
coindesk.com/yifan-he-china…
coindesk.com/how-chainlink-…
Read 4 tweets
ChainLinkGod.eth 2.0 Profile picture
24 May
Today in #Chainlink 🔗

"The combination of @AugurProject, @chainlink, and @0xPolygon offers full stack infrastructure for supporting secure, low-cost betting markets that settle in near real-time and according to premium data sources"

$REP $LINK $MATIC
augur.net/blog/launching… Image
"With #Chainlink integrated, anyone in the world will be able to create their own betting markets on #Augur Turbo for a wide range of different sports events in the NBA, MLB, MMA, and Olympics, with additional support for NFL, college football, soccer, tennis, golf, and e-sports" Image
"#Chainlink is securely delivering flight data and arrival/landing times from multiple high-quality data sources directly to @OTONOMI3's air cargo insurance smart contracts"

Parametric insurance for the global supply chain #PoweredByChainlink
otonomi.medium.com/otonomi-integr…
Read 4 tweets
ChainLinkGod.eth 2.0 Profile picture
21 May
1/ "MEV is theft"

I see two approaches being taken to handle the Miner Extractable Value (MEV) problem

The first is democratizing access to MEV while the second is the prevention of MEV

Let's talk about some of the naunces at play here 👇
2/ MEV encapsulates many different types of activity into a broad bucket

There is beneficial / neutral MEV in the form of DEX arbitrage and liquidations

Then there is negative / harmful MEV in the form of front-running and censorship
3/ Neutral / beneficial MEV provides users optimal exchange rates on DEXs and ensures undercollateralized loans get liquidated protecting the DeFi ecosystem

Negative / harmful MEV leads to greater slippage on DEX trades, higher gas fees, and the censorship of transactions
Read 16 tweets

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