The Chainlink team announced in a tweet a few hours ago that Celsius, a platform that allows users to earn, borrow and pay on the blockchain, has adopted its Proof of Reserve (PoR) service. Celsius will use the PoR to unlock cross-chain liquidity through wrapped tokens by enabling fully automated, decentralized on-chain audits.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by nearly 2% over the past 24 hours and is trading at $13.11 at press time.