Chainlink announced via X on Wednesday that BadgerDAO has integrated the ETH/USD and BTC/USD Chainlink Price Feeds on the Ethereum mainnet to support eBTC. By integrating the Chainlink Price Feeds, BadgerDAO has access to high-quality, tamper-proof price feeds needed to help enable users to protect their funds. This will provide BadgerDAO users with stronger assurances that they can quickly react to depegging events and avoid unnecessary losses.
BadgerDAO is also integrating Chainlink Cross-Chain Interoperability Protocol (CCIP) to help enable the possibility for secure cross-chain transfers of eBTC using a burn-and-mint mechanism, the team added.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 3% over the past 24 hours and is trading at $19.234 at press time.