Chainlink announced via X on Thursday that it has introduced LlamaGuard NAV Powered by Chainlink. This feature is a dynamic risk-adjusted oracle solution purpose-built for pricing tokenized real-world assets (RWAs), built in collaboration between Chainlink, Aave, and LlamaRisk.
LlamaGuard NAV enhances the robustness of delivering Net Asset Value (NAV) data onchain by incorporating smart dynamic price bounds. The initial implementation of LlamaGuard NAV is live and integrated with Aave Horizon.
The next major upgrade to LlamaGuard NAV will leverage the Chainlink Runtime Environment (CRE) for enhanced modularity and extensibility.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 0.9% over the past 24 hours and is trading at $20.41 at press time.