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Chainlink Weekly | Discussing the Importance of Decentralized Oracles with the World Economic Forum

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Chainlink to provide oracle functionality to Binance Smart Chain

According to Rhythm BlockBeats, from December 7th to December 13th this week, the price of LINK in the secondary market was $11.91, a weekly drop of about 9.7%, and the market value ranking fell to 7th. This week, Chainlink will provide oracle functions for Binance Smart Chain; RCN, Tax Heaven, Prosper, Unilayer, SmartPy and many other applications have integrated Chainlink; SmartPy has received Chainlink funding and integrated price information into the Tezos blockchain.

Secondary Market

On December 14, the price of LINK was $12.7, ranking seventh in terms of total market capitalization. According to Coinmarketcap data, LINK opened at $13.19 on December 7 (last Monday) and closed at $11.91 on December 13 (last Sunday), a drop of about 9.7% within the week.

Ecological cooperation and development

Bridging Governance Gap, Interoperability of Blockchain and Legacy Systems:

Chainlink and the World Economy A new paper co-authored by the World Economic Forum explores the importance of decentralized oracles for connecting existing ecosystems to blockchains, and how Chainlink can provide a common gateway for enterprises to implement smart contracts.

Binance Smart Chain’s new feature “Chainlink Prophecy machine”:

Chainlink has launched Binance Smart Chain as its recommended oracle machine, and DODO is used on the BSC mainnet. Developers can build smart contract applications on Binance Smart Chain and have direct access to Chainlink oracles such as price feeds.

Wootrade connects professional traders and institutional Chainlink transaction history:

The institutional trading platform Wootrade will use Chainlink to provide professional traders with a A way to attest to the accuracy of its on-chain transaction history. These data can support new types of financial products on the chain, such as tokenized trading strategies.

EasyFi is the first Chainlink on Matic Network DApp launched on mainnet:

DeFi lending protocol EasyFi has integrated Chainlink on Matic Network Hello price information. EasyFi uses these safe and reliable price oracles to issue fair market loans, maintain loan collateral and protect users from flash loan attacks.

RCN has integrated the Chainlink mainnet oracle to Fiat currency P2P lending access to DeFi:

RCN Finance has successfully integrated Chainlink price feed information into the main online to ensure reliable exchange rates on its P2P DeFi lending platform. Borrowers can now get crypto-backed loans denominated in Argentine pesos and more fiat currencies.

Tax Heaven has integrated a lot of Chainlink price information on the mainnet :

The peer-to-peer contract lending protocol Tax Heaven has been integrated on the mainnet of Ethereum and Binance Smart Chain A lot of Chainlink price information. Tax Heaven uses a tamper-proof oracle to ensure users receive fair market dividends for deposited collateral.

Prosper on Binance Smart Chain and Ethereum Integrate Chainlink oracle price feed information:

Decentralized prediction market protocol Prosper is using Binance Chainlink price feed information on the smart chain to settle the BNB prediction market. Chainlink oracles ensure fair market outcomes, resist data manipulation and reduce the risk of downtime.

Unilayer's new V2 DEX aggregator uses Chainlink to feed Price feed:

Unilayer has integrated Chainlink price feeds into its new DEX aggregator, to access secure and reliable asset appraisal information. Traders on Unilayer can use oracles to calculate costs and record their transaction history in a way that reflects fair market prices.

SmartPy Receives Funding to Integrate Chainlink Price on Tezos INFO:

Chainlink makes grant to SmartPy to integrate Chainlink price feed into Tezos blockchain on, and build more advanced monitoring solutions. Chainlink price oracles will support Tezos developers building the next generation of DeFi products.

Developer related

AAVE/ETH Price Reference Contract:

Chainlink is committed to giving developers easy access to secure price oracles and launching new DeFi products. Therefore, the integration of AAVE/ETH price information to support the market of Aave's native assets has been used and supported by Aave and Bamboo Relay.

SNX/USD Price Reference Contract:

Chainlink integrates SNX/USD price source, which is the native token of one of DeFi's most popular synthetic asset platforms Launched the DeFi market, the data has been used by Synthetix and MCDEX.