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Chainlink Weekly Report｜Multiple Polkadot Ecological Projects Are Integrating Chainlink

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The Chainlink ecology is becoming more diversified, and multiple Polkadot ecology and Cosmos ecology projects are cooperating with it.

According to Rhythm BlockBeats, from November 2nd to November 8th this week, the price of LINK in the secondary market was $12.72, with a weekly increase of about 14.08%, ranking sixth in market value. This week, Chainlink reached cooperation with xDai, B.Protocol, Equilibrium, Zenlink, Dipper Network, Digital Bridge, and Polyient; encrypted data provider Coinranking is running its own Chainlink node; integration.

Secondary Market

November On the 8th, the price of LINK rose to $12.72, ranking sixth in terms of total market value. According to CoinGecko data, LINK opened at $11.15 on November 2 (last Monday) and closed at $12.72 on November 1 (last Sunday), an increase of about 14.08% within the week. Currently, Chainlink ranks sixth in terms of market cap and is currently trading at $12.34.

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Ecological cooperation and development

Chainlink and xDai are integrated to become The preferred oracle solution for xDai developers:

The Ethereum-based sidechain xDai is integrating Chainlink Integrate with their preferred oracle solution. Many Chainlink ecosystem projects built on xDai Chain will soon have native access to Chainlink oracles for various off-chain resources.

B.Protocol main network integrated Chainlink price information, to Track stop performance and protect liquidators:

B.Protocol is built on the DeFi lending platform The liquidation support layer has integrated Chainlink ETH / DAI price information feeds on the mainnet to prevent liquidators from conducting non-profit operations and incentivize more reliable liquidator services.

Equilibrium will use the Chainlink Price oracle on Polkadot Powering Stablecoins, Lending, and Synthetic Assets:

Cross-chain money market Equilibrium will use Chainlink prices The information source prices assets used in its stablecoin, lending, and synthetic asset platforms. This ensures fair market valuation and full collateralization of all its DeFi products.

Zenlink plans to integrate Chainlink to provide Cross-chain DEX:

The Polkadot-based DEX Zenlink is integrating Chainlink price information sources for its Powered by DeFi products built on cross-chain DEX. Chainlink oracles will provide reliable and transparent prices for various assets native to the Polkadot ecosystem.

Dipper Network integrates Chainlink as its recommendation oracle Solutions to support the next generation of highly scalable open financial protocols:

Cosmos-based blocks Chain Dipper Network is integrating Chainlink as its recommended oracle solution. The initial focus is on obtaining safe and reliable oracles for pricing assets on its decentralized exchange platform DIPSwap and synthetic asset protocol DIPSYN.

Digital Bridge Use Chainlink’s digital bridge as smart contract Launching 2FA Oracle:

Development shop Digital Bridge is launching a custom 2FA Chainlink oracle. This will provide dApps and end users with an additional layer of on-chain protection before key transactions are triggered, further extending the security of the smart contract economy.

Coinranking is running a Chainlink node, enabling access to market data Smart contract access:

Encrypted data provider Coinranking is running its own Chainlink node to integrate Its signature data is sold directly to smart contracts. Developers can now invoke Coinranking’s Chainlink nodes to access key market data that can be used to power even DeFi.

Polyient game uses Chainlink VRF on mainnet to support PGFK Someone generated a limited edition NFT reward:

Polyient, a game platform focusing on the combination of NFT and DeFi, is using Chainlink VRF live on mainnet to determine the rarity of its limited edition PolyientQueen NFTs which will be randomly distributed to all eligible PGFK holders.

Protofire receives Chainlink community grant for collaboration with xDai Integration:

Chainlink awards Protofire a blockchain integration grant for native integration on xDai Chainlink. This will help meet the need for a distributed oracle network and data security on the xDAI stable payment blockchain.