Glitch Finance is partnering with Chainlink, a leading decentralized oracle network, in a deal that will enable the integration of Chainlink data and price oracles into its network. With this integration, Glitch Finance seeks to power the development of next-gen decentralized finance applications (dApps). Additionally, this collaboration will let Glitch Finance facilitate the migration of traditional financial assets into its platform.
Chainlink price feeds, which have attained widespread adoption over the years, will help Glitch Finance get full interoperability with other networks. On top of this, they will offer the network premium data at a slashed cost.
“It’s become clear that Chainlink is the standard oracle for decentralized financial applications. We’re building a layer-one blockchain that is purpose-built for DeFi, and integrating Chainlink price feeds for absolute definitive truth, and reliable price feeds across our ecosystem of financial applications simpl...This article was first published on coinquora.com