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WISE Integrate Chainlink

May 17, 2021 Peter 0 Comments

 

Following the success of its ETH and BNB liquidity pool events, WiseSoft announces an upcoming integration with the widely used and trusted Chainlink Price Feeds, delivering on another of its roadmap promises — having a secure and reliable decentralized oracle mechanism to power its DeFi platform.

The Wise lending and borrowing smart contract will utilize Chainlink Price Feeds to determine the real-time value of assets, enabling it to issue fair market loans and secure its liquidation mechanism.

WiseSoft selected Chainlink Price Feeds because they are time-tested and easy-to-integrate oracle infrastructure that provides high-quality data feeds backed by robust decentralized security. Chainlink already secures billions of dollars in value across DeFi, with proven resistance to a variety of unexpected situations like API downtime, flash crash outliers, and data manipulation attacks like flash loans.

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