Chainlink announced via Twitter on Tuesday that Rysk Finance, a DeFi protocol built to help accelerate DeFi risk maturity and real yield, has integrated Chainlink Price Feeds on Arbitrum mainnet.
This integration means that Rysk Finance now has access to high-quality, tamper-proof price feeds needed to help price and settle options in the Dynamic Hedging Vault (DHV), Rysk Finance’s first product. This will provide its users with stronger assurances that options are priced and settled using fair-market spot prices that have been sourced in a transparent and decentralized manner.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 4% over the past 24 hours and is trading at $7.582 at press time.