Euler Finance Integrates Chainlink Price Feeds On Ethereum

Twitter icon  •  Published hace 3 años on September 8, 2022  •  Hassan Maishera

Chainlink announced via Twitter on Wednesday that Euler Finance, a non-custodial lending and borrowing protocol, has integrated Chainlink Price Feeds on the Ethereum mainnet.

Euler Finance Integrates Chainlink Price Feeds On Ethereum

Chainlink announced via Twitter on Wednesday that Euler Finance, a non-custodial lending and borrowing protocol, has integrated Chainlink Price Feeds on the Ethereum mainnet. The integration means that Euler Finance now has access to industry-leading data that help underpin the airtight security and reliability that users expect of Euler’s lending and borrowing functionality.

Euler Finance said the Chainlink integration enables direct deposits of stETH, the staked ETH version by Lido Finance.

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 7% over the past 24 hours and is trading at $7.136 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.