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Beefy Finance Integrates Chainlink CCIP

Twitter icon  •  Published 1년 전 on November 22, 2023  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Tuesday that Beefy Finance has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to help facilitate cross-chain token transfers for its native token.

Beefy Finance Integrates Chainlink CCIP

Chainlink announced via X (formerly Twitter) on Tuesday that Beefy Finance has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to help facilitate cross-chain token transfers for its native token.

By rapidly and securely connecting Beefy Finance’s xERC20 token contracts across its various chains, CCIP enables the seamless minting and burning of $BIFI so users can use Beefy on numerous blockchains. 

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 $14.160 at press time.

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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.

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