The fast-growing sector of decentralized finance (DeFi) is about to get another important boost as Chainlink’s price oracles today went live on the Solana blockchain.
Price oracles are considered a crucial part of the DeFi infrastructure as they help platforms to receive reference data, such as prices of various cryptocurrencies and tokens, in real-time.
Decentralized finance, or “DeFi” for short, is a suite of blockchain-based financial services that replicate many of the most common offerings from traditional banks. This could be as simple as lending and borrowing, or as complex as derivative trading.
Chainlink’s oracles are already a common feature throughout the industry. Last week, for instance, Chainlink’s price oracles saw a similar integration with the Ethereum-based Fantom Network, albeit directly on the mainnet.
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Still, Anatoly Yakovenko, Founder and CEO of Solana Labs, is confident that the
Źródło: https://decrypt.co/79383/solana-developers-can-now-use-chainlinks-defi-price-feeds
