Degis Integrates Chainlink Price Feeds To Help Secure Token Price Settlement Product

We’re excited to announce that Degis — the next generation all-in-one DeFi insurance protocol — has integrated Chainlink Price Feeds on Avalanche mainnet. By integrating the industry-leading decentralized oracle network, Degis has access to high-quality, tamper-proof price feeds needed to settle the final results of token price policies. This will provide our users with stronger assurances that the final results of policies are accurate and reliable, and sourced in a decentralized and trust-minimized manner to continuously arrive at a fair-market price. Our initial integration involves the use of various Chainlink Price Feeds. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such a...
Source : Degis Integrates Chainlink Price Feeds To Help Secure Token Price Settlement Product

Comments

Post a Comment

Popular posts from this blog

What Is BenQi? How To Use BenQi For Avalanche Users

Image
Recently, Decentralized Finance (DeFi) has grown substantially in the last 2 years. Today, Avaxholic would like to introduce a protocal built on Avalanche Network that can help you lend and borrow to invest in this crypto trading world, it's called BENQI. What Is BENQI? BENQI is a non-custodial liquidity market protocol built on Avalanche, enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner. For more details, read more: What is BenQi Finance(QI)? Everything you need to know about QI token What Is BenQi (QI) Token? The QI token is a native asset on Avalanche and oversees the entire ecosystem of the BENQI protocol including future iterations of the protocol. QI is required to vote and decide on the outcome of proposals through BENQI Improvement Proposals (BIPs). Examples of parameter... Source : W...
Read more

AMA Rush Recap: Swapsicle

Image
We’re proud to be one of the biggest Avalanche Ecosystem Community. Our discussion group has over 20,000 investors in #Avalanche. We always update the latest news for investors in #Avalanche projects. We want Avaxholic to be the biggest community for anyone who joins Avalanche Ecosystem to have a freedom of speech to discuss with everyone. “Avaxholic - together we BUILD”. Besides updating news, we’re upgrading more about data analytics - real time data and research about projects to help investors always be confident when investing in Avalanche Ecosystem. We’re honored to welcome our guests today: @DaleXYZ and @tcwardle from Swapsicle!!! Tom Wardle | Swapsicle: It's our pleasure to be here! Avaxholic: Nice! Before we start, could you please introduce your team and Swapsicle DEX to the AVAX community? Tom Wardle | Swapsicle: The Swapsicle DEX is built on the Avalanche blockchain and offers all the usual functions such as swaps, staking and farming. We have lots of fea... S...
Read more

What Is MetaOasis? Everything You Need To Know Before Investing In MTOS

Image
A new Metaverse NFT Game, called MetaOasis, has just joined the Avalanche Network. This project, by using NFT and DAO system, enable users to earn while playing the game. Let's find out more about this GameFi project. What Is MetaOasis? MetaOasis is a collaboration by several game studios to build a multi-game platform, a metaverse world. It is a futuristic, sci-fi-themed multiplayer online game competing in Avalanche's fund-raising event, DoraHacks. But this is not just a game, it's also a multi-game platform, a metaverse world. Players enter MetaOasis not purely for P2E content, but for its interesting gameplay and its social-fi features. Players will not only experience the main game content we provide, based on the platform, but also a variety of sub-game worlds or pan-entertainment worlds. What Is MetaOasis (MTOS) Token? The currency in the game includes $MTOS, $ASA, and other tokens on any special planets. Though the native token that both have Utility and Go....
Read more