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World Liberty Financial Integrates Chainlink Oracles to Drive DeFi Adoption

World Liberty Financial integrates Chainlink oracles for reliable DeFi data, fueling WLFI adoption and Web3 security.

3 minNovember 14, 2024

Highlights:

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WLFI partners with Chainlink for secure DeFi data on Ethereum.

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Integration supports AAVE V3 launch and accurate asset pricing.

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Partnership boosts WLFI adoption, enhancing Web3 security and reliability.

World Liberty Financial Integrates Chainlink Oracles to Drive DeFi Adoption

World Liberty Financial has teamed up with Chainlink, a top oracle provider, to boost DeFi services. This powerful partnership will bring Chainlink’s reliable data and secure interoperability into WLFI’s operations on the Ethereum network. WLFI plans to support critical DeFi services. By adding Chainlink’s Price Feeds.

 

Why Chainlink’s Integration Matters to WLFI

 

To kick off this collaboration, WLFI will begin using Chainlink Price Feeds on Ethereum’s mainnet, which will support the upcoming launch of a dedicated AAVE V3 instance. This step provides WLFI access to secure data for key assets, including Circle’s USDC, Tether’s USDT, ETH, and Wrapped Bitcoin (WBTC). 

 

 

By choosing Chainlink, WLFI aligns with a trusted network relied upon by other major DeFi platforms. Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will also help secure multi-chain transactions for WLFI, enhancing the overall reliability of its services.

 

Eric Trump, WLFI’s Web3 Ambassador, highlighted the importance of this partnership. He called it a major milestone, underlining WLFI’s confidence in both DeFi and the expanding crypto space. 

 

The Partnership’s Ripple Effect on Chainlink

 

This collaboration will benefit not only WLFI but also boost Chainlink’s ecosystem. Chainlink’s Co-Founder, Sergey Nazarov, expressed excitement about supporting WLFI’s data and cross-chain needs, reinforcing Chainlink’s role as a leading force in Web3.

 

As market momentum shifts, Chainlink’s Relative Strength Index (RSI) recently passed the 50 mark, indicating increased buying interest. For a stronger uptrend, Chainlink’s LINK token must consistently close above the 200-week Moving Average to encourage bullish sentiment.

 

This strategic partnership between WLFI and Chainlink promises to advance both platforms, setting new standards in DeFi. Leveraging Chainlink’s innovative technology, World Liberty Financial is ready to redefine secure and accessible decentralized finance.

 

 

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