Chainlink Weekly Roundup: Euler, TipMeACoffee, and Blockpour

The industry-leading oracle community brings premium information to a lending protocol, a decentralized social media dApp, and an analytics platform.

Powering DeFi and Past

Lots of the most enjoyable Web3 tasks join their sensible contracts with Chainlink’s decentralized information feeds. With over $20 billion secured, the oracle community is changing into the central infrastructure for sensible contracts throughout blockchains.

On this week’s roundup:


Securing Euler’s Lending and Borrowing

Euler built-in Chainlink Value Feeds on Ethereum to calculate collateral values inside its permissionless lending protocol.

The improve from Time Weighted Common Value (TWAP) oracles to Chainlink Value Feeds was made to deal with issues round TWAPs post-merge. The merge poses dangers to TWAPs, whereas Chainlink Information Feeds are resistant to multi-block oracle manipulation assaults.

“Value information is the lifeblood of DeFi lending protocols, and Euler is not any exception. As best-in-class worth information infrastructure for sensible contracts, Chainlink Value Feeds have a confirmed monitor file relating to securing lending protocols,” stated Euler’s CEO, Michael Bentley.

Supply: Chainlink

Chainlink Value Feeds present essential options reminiscent of:

  • Excessive-High quality Information: The community sources information from quite a few premium information aggregators, weighted by quantity, and cleaned of outliers and wash buying and selling.
  • Safe Node Operators: They’re secured by impartial, security-reviewed, and Sybil-resistant oracle nodes.
  • Decentralized Community: The feeds are decentralized at each degree, producing sturdy protections towards downtime and tampering.
  • Repute System: Chainlink gives a sturdy fame framework and set of on-chain monitoring instruments.

Web3 Twitter

TipMeACoffee (TMAC), a social media dApp, built-in Chainlink Value Feeds on BNB Chain to supply correct worth conversions to its customers.

The SocialFi undertaking rewards customers with $TMAC tokens for his or her exercise on the platform, and Chainlink’s worth feeds assist calculate worth conversions throughout withdrawals.

The combination was revealed to BSC Information by the Chainlink group by way of press launch.

“With none doubt, Chainlink gives the highest oracle providers within the blockchain {industry}. The combination of Chainlink trust-minimized providers will assist get TipMeACoffee nearer to reaching its objective of constructing a decentralized social media platform,” stated Breeze, the DAO that launched TMAC.

Supply: Chainlink

Higher Alpha from Blockpour

Blockpour built-in over forty Chainlink Value Feeds to reinforce its analytics platform.

Chainlink’s real-time worth information gives Blockpour with extra dependable metrics, giving customers entry to extra knowledgeable insights and serving to them determine higher buying and selling alternatives.

“We’re excited to make use of Chainlink Value Feeds to assist generate metrics on our platform. By accessing market information from Avalanche, Ethereum, Fantom, Moonbeam, and Polygon, our customers are higher in a position to determine and reap the benefits of cross-chain arbitrage alternatives,” stated Brayden Abick, Blockpour CTO and Founder.

Supply: Chainlink

Try BSC Information’ weekly roundup to maintain up with the newest relating to the sensible contract powerhouse.

Final 4 editions:

What’s Chainlink:

Chainlink is the {industry} normal for constructing, accessing, and promoting oracle providers wanted to energy hybrid sensible contracts on any blockchain. Chainlink oracle networks present sensible contracts with a option to reliably hook up with any exterior API and leverage safe off-chain computations for enabling feature-rich purposes. They at present safe tens of billions of {dollars} throughout DeFi, insurance coverage, gaming, and different main industries and supply world enterprises and main information suppliers a common gateway to all blockchains.

The place to search out Chainlink:

Web site | Twitter | Docs | Group

What’s Euler Finance:

Euler is a capital-efficient permissionless lending protocol that helps customers to seize curiosity on their crypto property, or hedge towards unstable markets, with out the necessity for a trusted third celebration. Euler options a number of improvements, together with permissionless lending markets, reactive rates of interest, protected collateral, MEV-resistant liquidations, multi-collateral stability swimming pools, sub-accounts, risk-adjusted loans, and extra.

The place to search out Euler Finance:

Web site | Twitter

What’s TipMeACoffee:

TipMeACoffee is a decentralized social media platform that promotes true freedom of speech. It rewards its customers by tokenization and tries to keep away from censorship and centralization.

The place to search out TipMeACoffee:

Web site | Twitter

What’s Blockpour:

Blockpour is a multi-chain information analytics platform that gives merchants with the instruments and metrics they should navigate the world of DeFi. Crypto merchants can leverage Blockpour’s real-time multi-chain information feeds and intuitive interface to determine traits throughout DeFi and uncover their alpha.

The place to search out Blockpour:

Web site | Twitter

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