QiDAO Integrates Chainlink Price Feeds On Ethereum

Twitter icon  •  Published 1 year ago  •  Hassan Maishera

Chainlink announced via Twitter on Thursday that QiDao has integrated Chainlink Price Feeds on the Ethereum mainnet into Mai Finance, a multi-chain stablecoin protocol.

Chainlink announced via Twitter on Thursday that QiDao has integrated Chainlink Price Feeds on the Ethereum mainnet into Mai Finance, a multi-chain stablecoin protocol. QiDao is the protocol that powers the collateral-backed stablecoin MAI. The integration means that QiDAO now has access to industry-leading price data feeds that help supports collateral value calculations on the Ethereum deployment of Mai 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 $7.214 at press time.

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.