Smart contract oracle network Chainlink expands to Aave and partners with a DEX protocol and South Korean marketing firm. Plus, NFT Christmas gifts!
DeFi, DEX, Digital Marketing, Christmas Gifts
Dominant smart contract oracle network Chainlink is concluding the year on a strong note, announcing partnerships with protocols and projects across the globe.
In this week’s roundup:
- Aave votes to integrate Chainlink Proof of Reserve.
- Robodex Protocol joins Chainlink BUILD program.
- FSN becomes Chainlink Labs channel partner.
- VenturePunk integrates Verifiable Random Function (VRF).
Aave Votes for PoR
Aave Decentralized Autonomous Organization (DAO) voted to integrate Chainlink Proof of Reserve, initially on Avalanche. The move will provide additional security for the decentralized lending protocol.
The proposal is specifically for Aave v2 and v3 on Avalanche, beginning in January 2023.
Robodex Joins BUILD
Robodex Protocol has joined the Chainlink BUILD program to accelerate the growth and adoption of its Decentralized Exchange (DEX).
“We’re thrilled to be joining the Chainlink BUILD program. The enhanced access to Chainlink’s industry-standard services, and support from Chainlink Labs, is helping us to build Robodex, which will greatly empower liquidity providers. We do this without adding layers of complex hedging — that themselves introduce risk,” Robodex Co-Founder and CEO Matthew Willetts said in a Medium post. “Innovation like ours work best in thriving ecosystems that include leading programs and protocols, and we welcome the passionate Chainlink community into the Robodex ecosystem.”
AI and machine learning-focused protocol ChainML is a partner of Robodex and has been a BUILD participant since November.
“We are excited that Robodex is a part of the Chainlink BUILD program. Their vision of intelligent DEXes that manage portfolios intelligently is exciting, and we’re excited to partner with them and Chainlink Labs as they enable real-time models to benefit DeFi customers,” ChainML Co-Founder and CEO Ron Bodkin said.
As part of BUILD, Robodex will receive benefits such as access to Chainlink Automation nodes, Data Feeds and product alpha and beta releases. In exchange, Robodex will make 3% of its total token supply at launch available to Chainlink service providers, including stakers, over a period of time.
South Korean Marketing Partnership
Digital marketing group FSN and Chainlink Labs have entered into a channel partnership to accelerate the adoption of Non-Fungible Tokens (NFTs) in South Korea.
“We’re thrilled to enter into a channel partnership with Chainlink Labs. Both FSN and Chainlink Labs are at the forefront of the NFT ecosystem, and we firmly believe Chainlink oracle services are critical to unlocking new forms of NFT utility, garnering user confidence in Web3 projects and enabling NFTs to realize their immense potential,” FSN CEO Lee Sang Seok said in a Medium post.
Chainlink for NFT Christmas Gift Exchange
VenturePunk has integrated Chainlink VRF into its NFT Gift Exchange Santa.fm in order to provide a source of randomness to shuffle the pool of NFT gifts.
Users who want to participate in the gift exchange deposit their NFTs into a pool, receiving an unopened gift NFT in exchange. The reveal and “unwrapping” will happen on Christmas morning.
“The VenturePunk team chose to use Chainlink VRF to help ensure that the NFT allocation process is fair and secure, bringing a new level of transparency and reliability to our platform. We’re excited to continue building with Chainlink services on future projects,” VenturePunk Founder and CEO Jordan Lyall said in a statement.
Last four weekly Chainlink Roundups:
What is Chainlink:
Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries and offers global enterprises and leading data providers a universal gateway to all blockchains.
Where to find Chainlink:
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