LendeXe Integrates Chainlink Price Feeds

Twitter icon  •  Published 2 years ago on March 9, 2023  •  Hassan Maishera

Chainlink announced via Twitter on Wednesday that LendeXe Finance - a liquidity ecosystem featuring stablecoins & lending—has integrated Chainlink Price Feeds to help calculate borrowing limits, liquidations thresholds, and more.

LendeXe Integrates Chainlink Price Feeds

Chainlink announced via Twitter on Wednesday that LendeXe Finance - a liquidity ecosystem featuring stablecoins & lending—has integrated Chainlink Price Feeds to help calculate borrowing limits, liquidations thresholds, and more. Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that is aggregated from hundreds of exchanges, weighted by volume, and cleaned of outliers and wash trading, the team added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 3% over the past 24 hours and is trading at $6.635 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.