Stader Labs has joined the growing list of crypto infrastructure providing integrating Chainlink’s CCIP.
Despite the promising ecosystem updates, LINK is trading at a loss at the moment.
Stader Labs, a non-custodial, smart contract-driven staking platform with over $600 million Total Value Locked (TVL) has announced the integration of Chainlink (LINK) Cross-Chain Interoperability Protocol (CCIP).
According to Chainlink, Stader will integrate its CCIP across Ethereum (ETH) and Arbitrium (ARB) to improve its Cross-Chain Liquid staking experience for its users.
Stader Leverages on Chainlink’s CCIP
The CCIP created by Chainlink aims to standardize cross-chain interactions using decentralized oracle networks. It facilitates secure data sharing and transaction execution across several blockchain platforms, thus making it a critical tool for establishing interoperability in the Decentralized Finance (DeFi) ecosystem.
.@staderlabs_eth—a liquid staking protocol with $600M+ TVL—has i
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