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Angle Protocol Integrates 25+ Chainlink Price Feeds

Twitter icon  •  Published il y a 9 mois  •  Hassan Maishera

Chainlink announced via Twitter on Thursday that the stablecoin protocol, AngleProtocol, has integrated 25+ Chainlink Price Feeds.

Chainlink announced via Twitter on Thursday that the stablecoin protocol, AngleProtocol, has integrated 25+ Chainlink Price Feeds. Angle is using Price Feeds to help calculate collateral value when users borrow agEUR using real-world assets tokenized by Backed.

Chainlink Price Feeds have been retained to help secure the use of tokenized real-world assets, such as lB01, as collateral because they provide a multitude of critical features, the Angle Protocol 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 1% over the past 24 hours and is trading at $7.856 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.