Vavada Banner
BTC $70,779.00 (-0.60%)
ETH $2,092.18 (-0.84%)
BNB $655.50 (-0.63%)
XRP $1.40 (-0.32%)
SOL $88.08 (-1.62%)
TRX $0.29 (+1.16%)
DOGE $0.10 (-0.49%)
ADA $0.26 (-2.22%)
BCH $458.58 (-0.93%)
HYPE $36.72 (-3.42%)
LEO $9.07 (+0.03%)
XMR $361.24 (+0.99%)
LINK $9.07 (-1.78%)
CC $0.15 (+3.94%)
XLM $0.16 (+1.66%)
LTC $55.44 (+0.81%)
RAIN $0.01 (-0.44%)
AVAX $9.69 (-2.43%)
HBAR $0.09 (-1.73%)
SUI $0.99 (-2.90%)

StaFi Protocol Integrates Chainlink CCIP and Automation

Twitter icon  •  Published 1 year ago on March 29, 2024  •  Hassan Maishera

Chainlink announced via X on Thursday that StaFi Protocol has integrated Chainlink CCIP and Automation to help unlock secure and cost-efficient cross-chain liquid staking.

StaFi Protocol Integrates Chainlink CCIP and Automation

Chainlink announced via X on Thursday that StaFi Protocol has integrated Chainlink CCIP and Automation to help unlock secure and cost-efficient cross-chain liquid staking. The protocol uses Chainlink Automation to help securely and cost-efficiently trigger the RateSender contract on Ethereum. As a result, the most recent rates for rETH and rMATIC can be securely transmitted to Arbitrum and Polygon via CCIP.

StaFi also selected CCIP as their go-to interoperability solution because Chainlink has a proven track record of maintaining the highest standard of security and reliability in Web3.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 1% over the past 24 hours and is trading at $18.936 at press time.

Democratic Senators Vow to Oversee DOJ Investigation Into Binance Iran Sanctions Probe
Next article Democratic Senators Vow to Oversee DOJ Investigation Into Binance Iran Sanctions Probe
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.