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Topic: Chainlink (LINK) - middleware that connects smart contracts to external world - page 5. (Read 23771 times)

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Less than 24 hours until the Chainlink Spring 2021 Virtual Hackathon! Register today to secure your spot and explore our different prize categories in DeFi, NFTs, social impact, and more to start brainstorming your build. Total prize pool is now $125k+.



https://chain.link/hackathon?utm_source=chainlink&utm_medium=twitter&utm_campaign=hackathon
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Zero-collateral lending protocol TrustToken expands its integration with Chainlink by adopting two new Price Feeds. These price oracles secure an automated coverage mechanism that uses staked TRU tokens to make lenders whole in the case of loan defaults.

https://t.co/vEMZmR5FWs
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Integrating Chainlink’s VRF to Secure Fair Distribution of Rare NFTs

We are excited to announce that we will be integrating Chainlink’s Verifiable Randomness Function (VRF) to fairly distribute rare promo NFTs to random users who participate in Illuvium’s upcoming $ILV yield farming program.

Once released, yield farmers will be able to earn $ILV token rewards for their liquidity contribution, as well as earn the chance to win rare promo NFTs (the only one of their kind, in a limited run) that will only be distributed during this limited period of time.

Read more: https://illuvium.medium.com/14-integrating-chainlinks-vrf-to-secure-fair-distribution-of-rare-nfts-ecd312046ed3

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Premium data provider dxFeed will launch its own Chainlink node to get its existing APIs blockchain-enabled. This allows dxFeed to sell equities, options, indices, & various other financial datasets directly to dApps across different blockchains.

https://www.dxfeed.com/dxfeed-to-launch-chainlink-node-bringing-premium-financial-data-on-chain/
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Chainlink Joins Gitcoin Grants Round 9 to Support Ethereum Infrastructure



Open-source software plays a fundamental role in powering Ethereum's decentralized infrastructure, securing a growing on-chain registry of digital assets and the tens of billions of dollars locked up in DeFi smart contracts. Countless development teams are working tirelessly to create and maintain this open-source software so it can be widely relied on as a public good for storing and exchanging value within business and social processes.

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MFGCoin, a blockchain-based platform focused on supply chains, plans to integrate Chainlink Price Feeds to enable new DeFi products for the supply chain industry, such as incentivizing product procurement and expedited financing via tokenized rewards.

https://smartmfg.io/blog/chainlink-supply-chain-finance-defi-mou/
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Fuse Will Use Chainlink Proof of Reserve to Mint and Verify the Collateralization of FuseDollar (fUSD)

Our Chainlink Proof of Reserve integration will bring secure, reliable, and efficient minting and auditing of Fuse Network’s collateralized stable coin FuseDollar (fUSD), ensuring it is 100% backed by USD Coin (USDC) deposited in a dedicated Ethereum smart contract.

Fuse Network is developing into a strong and independent decentralized finance (DeFi) institution now with over 5 million total transactions and reaching an all-time high in total value locked (TVL) of $8.6 million. However, interoperability with the wider blockchain ecosystem remains a core part of our strategy. Part of doing so means leveraging the best innovations in the space to provide an optimal user experience.


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InsureToken is using Historical Chainlink Price Data to calculate market volatility and dynamically adjust premiums on crypto portfolio insurance plans. Future integrations involve processing claims in GCP & relaying the results on-chain via Chainlink

https://t.co/vr1WNddLOs?amp=1



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Off-Chain Reporting (OCR) is an order of magnitude improvement in the scalability of the Chainlink Network. Learn how OCR offers 10x more data delivery throughput by lowering gas costs of oracle updates by 90% while maintaining cryptographic guarantees


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NetObjex Integrates Chainlink Oracles To Power Its IoT-Based Automation Engine

NetObjex collects data from IoT edge devices, refines it, and stores it on our digital platform via smart contracts to facilitate transactions based on that data. We then use Chainlink to relay that data to the blockchain, which has already yielded several compelling results:

- Creating new data-driven smart contract applications
- Incentivizing travelers to be conscious consumers
- Helping crude oil buyers make informed procurement decisions

Read more: https://www.netobjex.com/netobjex-integrates-chainlink-oracles-to-power-its-iot-based-automation-engine/





ICHI Leveraging Chainlink on Mainnet to Empower Community Created Stablecoins

ICHI would be just another boring stablecoin (a coin who value stays at $1) project without Chainlink. Like other stablecoins, it would suffer from one or more major drawbacks:

- Stable-ish, instead of being minted and redeemed for exactly $1.
- Maximalistic, instead of driving scarcity of other cryptocurrencies.
- Complex, instead of simple minting and redeeming processes.
- Custodial, instead of self-hosted, community governed infrastructure



Read more: https://medium.com/ichifarm/ichi-leveraging-chainlink-on-mainnet-to-empower-community-created-stablecoins-b186c24cec75
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Chainlink Achieves Major Scalability Upgrade With Mainnet Launch of Off-Chain Reporting (OCR)

In addition to supplying more data on-chain through the launch of new oracle networks, OCR brings a variety of other notable enhancements to the Chainlink Network:

- Increased decentralization of oracle networks to generate additional accuracy, availability, and tamperproofness for Chainlink users.
- Higher frequency on-chain oracle updates to provide even more precise and up-to-date data to smart contract applications that may be more sensitive to small price movements.
- Cost-efficient onboarding of new nodes to further decentralize participation in oracle services run on the Chainlink Network.
- Reduced on-chain network congestion by lessening the load Chainlink oracle networks place on high-demand blockchain networks like Ethereum.
- Reduced oracle network latency to ensure data is rapidly provided to smart contracts even during blockchain network congestion and extreme market volatility.

Read more: https://blog.chain.link/off-chain-reporting-live-on-mainnet/

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The Problem With Brand-Based Contracts
Smart contracts, in the simplest terms, from a user's point of view, are math-based contractual agreements. I think the way to contrast them is to think about brand-based contractual agreements. This will highlight the notion and utility of something called "tamper-proofness," because a lot of the time, blockchains are explained in these technical parameters of tamper-proofness and reliability, and censorship-resistance and immutability, and these concepts don't always transfer over to use cases.

More details: https://blog.chain.link/brand-based-vs-math-based-agreements/amp/?__twitter_impression=true
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World Weather Online to Launch a Chainlink Node to Bring High-Quality Weather Data to Blockchains

Premium data provider worldweatheronline will launch their own Chainlink node to provide developers across leading blockchains with cryptographically signed weather data, supporting new blockchain-based weather markets in parametric insurance & derivatives.



https://www.worldweatheronline.com/blog/2021/02/23/world-weather-online-to-launch-a-chainlink-node-to-bring-high-quality-weather-data-to-blockchains/#click=https://t.co/931cO75g2S



Chainlink VRF launches on Polygon enabling provably-rare Aavegotchis

Aavegotchi is using Chainlink VRF on the Polygon mainnet to assign traits to Aavegotochi NFTs in their Portals game. Aavegotochi plans to make 10,000+ calls in the first few weeks thanks to Chainlink VRF running natively on Polygon's layer-2 network.

https://aavegotchi.medium.com/chainlink-vrf-launches-on-polygon-enabling-provably-rare-aavegotchis-d03e36698795
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Sperax using Chainlink VRF for fair distribution in a series of massive airdrops

Sperax — a blockchain company building algorithmic crypto-collateralized stablecoins denominated in USD on top of its BDLS public blockchain — is using Chainlink Verifiable Randomness Function (VRF) live on the Ethereum mainnet to select random block heights in a provably secure and fair manner.



Read more: https://sperax-io.medium.com/sperax-using-chainlink-vrf-for-fair-distribution-in-a-series-of-massive-airdrops-8641bdd8c84d
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As DeFi developers create new on-chain financial products, Chainlink matches that demand by providing more on-chain data to support these dApps. Integrate the LRC/ETH Price Feed today to easily launch markets for Loopringorg's native asset, already sponsored by 1inchExchange

https://data.chain.link/lrc-eth
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We're excited to award a grant to Block24 natively integrate Chainlink on Fantom. This will enable Fantom devs to build high-throughput, externally connected smart contract applications, starting with DeFi dApps using Chainlink Price Feeds.

Read more: https://blog.chain.link/block42-receives-grant-to-natively-integrate-chainlink-on-fantom/
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Chainlink Expands Grant Program to Support Social Impact Projects

We are excited to announce that we are expanding upon those initial objectives by launching a new category of grants focused on creating social impact through the usage of universally connected smart contracts. We are now accepting requests for proposals from talented startups, non-governmental organizations, and non-profits looking to build and apply universally connected smart contracts in a manner that improves the lives of everyday citizens and local communities around the world.

As a leader and pioneer in the blockchain space, we understand that our mission goes beyond building the most secure and reliable oracle network to support the smart contract ecosystem. We must also push the developers, projects, and organizations towards causes that apply universally connected smart contacts in an openly accessible and equitable manner.

If you want read more details, please click : https://blog.chain.link/chainlink-expands-grant-program-to-support-social-impact-projects/amp/?__twitter_impression=true
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WatchSignals to Launch a Chainlink Node to Bring Luxury Watch Data Onto The Blockchain

Leading luxury watch data provider watchsignals.comwill run its own Chainlink node to make its price benchmarks available on-chain for developers, enabling new DeFi products like tokenized watches used as collateral & derivatives based on future prices.

https://watchsignals.com/watch-blog/luxury-watch-data-on-blockchain-chainlink.html
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Installing the Chainlink library lets you leverage a wide range of oracle functions in your smart contract, from secure price feeds to verifiable randomness & external API calls. Use our Install Instructions to get your new & existing projects Chainlinked.

Getting Started with Chainlink for Smart Contract Developers

Everything you need to know on how to create a new Chainlink project or update an existing one using the Chainlink Library for Solidity

https://docs.chain.link/docs/create-a-chainlinked-project
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Hakka Finance Integrates Chainlink Price Feeds for Settling Hakka Intelligence Prediction Markets

We are excited to announce that we have successfully integrated Chainlink Price Feeds live on mainnet to obtain on-chain price data regarding the opening and closing times of positions taken on the recently released Hakka Intelligence — a price prediction market that allows Hakka holders to predict the relative rate of change across a number of crypto assets. Chainlink’s market-leading oracles ensure that Hakka Intelligence has access to secure, reliable, and accurate price reference oracles for settling prediction markets.

More details: https://medium.com/hakkafinance/hakka-finance-integrates-chainlink-price-feeds-cebd646f7c24

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