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Chainlink Weekly Report｜Chainlink will be integrated into the BSN network

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Last week, LINK rose by about 14.38%.

According to Rhythm BlockBeats, from November 16th to November 22nd this week, the price of LINK in the secondary market was $14.31, a weekly increase of about 14.38%, ranking fifth in market value. This week, Chainlink partnered with Matic, Axie Infinity, Base Protocol, SynLev, ValueDeFi, PAID Network, and at the same time, Chainlink awarded a community grant to IRISnet to natively integrate Chainlink into the BSN network.

Secondary Market

On November 23, the price of LINK rose to $14.92, ranking fifth in total market value. According to CoinGecko data, LINK opened at $12.51 on November 16 (last Monday) and closed at $14.31 on November 22 (last Sunday), an increase of about 14.38% within the week. Currently, Chainlink ranks fifth in terms of market cap and is currently trading at $14.92.

Ecological cooperation and development

Matic Network officially deploys Chainlink as an oracle solution, To support its growing DeFi ecosystem:

Ethereum side chain Matic Network officially deployed Chainlink as The oracle solution, in addition to providing price feeds for DeFi, Chainlink VRF (Verifiable Random Function) will also be launched on the Matic Network in the near future to support a new wave of verifiable randomness that relies on provably fair randomness. Expanding the new wave of gaming apps.

Axie Infinity cooperates with Chainlink to integrate Chainlink oracles and Chainlink VRF:

Axie Infinity will use Chainlink oracles as a price feed source to determine ETH for the Axie market /USD exchange rate; at the same time, Chainlink VRF will be used to ensure that all random elements such as the "mysterious parts" of each Origin Axies are fair and cannot be manipulated by the Axie Infinity team or any external entities.

Base Protocol has integrated Chainlink Live on the mainnet, using For encrypted market value data:

The POC Chainlink oracle machine was launched through our document Base Protocol for Encrypted market capitalization data. Now that Base Protocol is transitioning to mainnet, it is using the Chainlink network to decentralize its underlying mechanisms for enhanced oracle security.

SynLev integrated the Chainlink price information source on the mainnet to help Its leveraged synthetic asset platform:

SynLev is a synthetic leveraged asset pair marked on Ethereum, it is Use the Chainlink price feed on mainnet to get the market value of the underlying asset. Chainlink ensures accurate pricing of these assets in a decentralized manner.

ValueDeFi integrates Chainlink price information to ensure MultiStables Vault offers maximum security:

ValueDeFi will relaunch its MultiStables Vault using Chainlink price feeds , to ensure data quality, oracle security, and complete market coverage. Chainlink will protect Vault from flash loan attacks and other on-chain oracle attacks.

PAID Network will use Chainlink VRF in its decentralized Arbitrators are randomly selected in the legal agreement:

The decentralized legal agreement PAID Network will use Chainlink VRF to randomly select arbitrators for dispute resolution. Chainlink VRF is a secure, transparent way to ensure that all qualified judges have a fair chance of selection.

IRISnet Receives Funding to Naturally Integrate Chainlink on BSN :

Chainlink awarded a community grant to IRISnet for the native integration of Chainlink into the BSN network. This integration will enable governments and businesses around the world to build universally connected smart contracts on BSN.