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DAFI Protocol and Chainlink are both two well known projects in the DeFi world. DAFI, a newly launched project, has partnered with many blockchain networks enabling DAFI s synthetic tokens (dTokens) helping create engaged and sustainable communities and incentivizing early adopters by rewarding them later when network demand rises.
Chainlink is a network that provides a bridge between real world data and smart contracts, and is the most widely used network to power universally connected smart contracts. Chainlink is maintained by a global decentralized community of hundreds of thousands of people and currently secures billions of dollars in value for smart contracts across the DeFi space.
CipherTrace Launches DeFi Compli, a Compliance Oracle Solution on Chainlink, to Enable DEXs and DeFi Protocols to Abide by OFAC Sanctions
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DEXs and other DeFi applications can now use the CipherTrace DeFi Compli solution on Chainlink to abide by Office of Foreign Assets Control (OFAC) sanctions.
CipherTrace’s DeFi Compli regulatory compliance oracle on Chainlink can support DeFi protocols in achieving the compliance needed to ensure crypto s long-term viability. MENLO PARK, Calif. (PRWEB) April 09, 2021 Leading cryptocurrency intelligence company CipherTrace is using Chainlink to release CipherTrace DeFi Compli: a compliance solution enabling DEXs and other DeFi applications to abide by Office of Foreign Assets Control (OFAC) sanctions requirements. As part of its DeFi solution, CipherTrace has launched a DeFi compliance oracle service on Chainlink to make relevant compliance data available direct
How Chainlink will help secure Polkadot’s environment
Polkadot has integrated with Chainlink to incorporate its oracle service into its multi-chain environment. Thus, the different teams building on Polkadot will be able to count on a “flexible and reliable” solution to feed parachains with information.
Chainlink Price Feeds have been enabled as a Substrate Oracle pallet and can be accessed by any other pallet integrated into a parachain. Thus, deployable applications will have “powerful new functionality”. According to a release from Polkadot’s team:
Chainlink Price Feeds will allow smart contract applications across the Polkadot ecosystem to access accurate, up-to-date and tamper-proof price reference data for powering new products and markets
dxFeed Launches Chainlink Node for On-Chain data
Last Updated: 03 April 2021
DxFeed has announced the launch of Chainlink oracle node on its mainnet. This move is geared towards attracting developers and DApps using on-chain data sets.
dxFeed, a provider for market data and solutions for business in the financial sector, has announced the launch on Chainlink oracle node. The announcement was made on Friday with the company stating that the launch will enable the company to use the blockchain network directly to provide financial data directly. Besides, the company added that with this launch, dxFeed would be targeting DApps and developers to help them trade their market data and solutions over the blockchain network.
Community-backed digital asset incubator DuckDAO has announced a partnership with blockchain-based platform Chainlink (LINK) in a bid to the digital assets ecosystem. According to the announcement, DuckDAO wants to combine Chainlink’s platform to provide reliable oracle solutions. Offering a secure oracle incubation solution While Chainlink provides the platform for the project, DUCKDAO will offer the […]