"@RequestNetwork has successfully integrated @Chainlink, the market leading decentralized oracle network, to enable crypto payment for invoices denominated in fiat like US dollars or Euros"
"Integrating #Chainlink’s industry leading decentralized oracle network, @DFXFinance has access to high-quality, tamper-proof price feeds needed to provide up to date FX prices to enable the most efficient AMM for Forex swapping"
"@curateproject havve sponsored a new #Chainlink Price Feed for $XCUR/ETH to ensure that NFT assets and services offered in the Curate NFT Marketplace can be priced in ETH yet purchased at current exchange rates using our native XCUR token" curate-xcur.medium.com/curate-integra…
"Smart Contract Summit #1 is the premier blockchain industry conference that brings together dApp developers, Web 3.0 entrepreneurs, node operators, researchers, enterprises, and community members across the DeFi space and broader smart contract ecosystem" hopin.com/events/smart-c…
#Chainlink is working with @UNICEFInnovate on building open-source blockchain solutions and advancing hybrid smart contracts in emerging markets
With permissionless, compossible, and decentralized financial infrastructure, anyone can turn their tokens into productive assets
*NOTE* Nothing I describe here is risk-free, bug and hacks can happen, always DYOR before apeing
2/ The first yield opportunity is one of the newest on the street, @iearnfinance's V2 $LINK vault
This is a yield aggregation solution that automatically rebalances your funds into the DeFi protocols that earn you the highest yield on your assets, simple!
3/ If you're looking for a passive yield strategy, then this is what you're looking for
Yearn V2 vaults deploy a multi-strategy approach, where deposits are split across multiple yield protocols at the same time so as to not dilute yields once running at large scale
1/ El Salvador classifying #Bitcoin as legal tender was a monumental moment
It sets the precedence that crypto can indeed be alternative to fiat and normalizes it as a tool of economic freedom
It's good for all crypto, here's how #Chainlink can help expand this even further
2/ Under this law, businesses are required to accept #Bitcoin if offered by consumers (and if they have the technical means to accept it)
However, businesses also have the option to automatically convert revieved Bitcoin into US dollars to manage their exposure risk
3/ The El Salvador government has created a $150M $USD trust fund that will purchase any #Bitcoin that businesses don't want, allowing for instant redeemability
This process and beyond will require the $BTC/USD exchange rate
"In the following tutorial, we showcase how developers can use @Chainlink oracles today to get high-quality data on-chain regarding residential real estate valuations"
"We’re excited to announce that @devDeFi_BSC — a decentralized aggregate lending & borrowing protocol — has integrated #Chainlink Price Feeds on the #BinanceSmartChain mainnet"
"We are excited to announce that @0Chain, a high-performance decentralized storage network, will integrate #Chainlink, the industry-leading decentralized oracle network, as core infrastructure for connecting 0Chain to Ethereum & various other blockchains" medium.com/0chain/0chain-…
2/ Keepers are essentially transaction automation bots for blockchain networks
They are crucial because smart contracts are not actually autonomous
The state of a contract can only change when it gets "poked/woken up" by an on-chain transaction or cross-contract interaction
3/ Chainlink Keepers (keeper.chain.link) is decentralized transaction automation service (starting with support for Ethereum but expanding beyond) that is far more reliable and cost-efficient than existing solutions
It is a new Chainlink Network decentralized service
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