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Angle Protocol Integrates Chainlink Price Feeds On Ethereum

Twitter icon  •  Published 3 years ago on June 23, 2022  •  Hassan Maishera

The Chainlink team announced via Twitter on Wednesday that the stablecoin protocol, Angle Protocol, has integrated its Price Feeds feature on the Ethereum mainnet.

Angle Protocol Integrates Chainlink Price Feeds On Ethereum

The Chainlink team announced via Twitter on Wednesday that the stablecoin protocol, Angle Protocol, has integrated its Price Feeds feature on the Ethereum mainnet. The integration will help Angle Protocol secure borrowing on its overcollateralized stablecoin protocol. The Chainlink Price Feeds help ensure that loans, liquidations, and fees are calculated using accurate price data, Chainlink added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by more than 5% over the past 24 hours and is trading at $6.98 at press time.

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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.