Chainlink has announced that its price feeds are now live on the zero-knowledge (ZK) scaling solution, Polygon zkEVM. The latest development essentially aims to allow developers to build advanced DeFi applications.
Chainlink Data Feeds’s functionality allows DeFi developers to tap external price data to develop and launch highly effective liquidity protocols and advanced decentralized exchanges, among other things.
Polygon zkEVM Welcomes Chainlink Price Feeds
According to the official press release shared with CryptoPotato, Chainlink claims that multiple layers of decentralization at the price data, oracle node, and oracle network levels make its data feeds resistant to API downtime, flash crash outliers, and data manipulation attacks such as flash loans, thereby ideal for security-first DeFi protocols build on Polygon zkEVM.
Commenting on the development, Marc Borion, CEO of Polygon Labs, said,
“With the integration of Chainlink Data Feeds, DeFi can take the next step on Polygon z
We współpracy z: https://cryptopotato.com/chainlink-data-feeds-goes-live-on-polygon-zkevm/
