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Stella Integrates Chainlink Price Feeds

Twitter icon  •  Published 2 years ago on June 23, 2023  •  Hassan Maishera

The Chainlink team announced via Twitter on Thursday that Stella, a leveraged strategies protocol with 0% cost to borrow, has integrated Chainlink Price Feeds on Arbitrum mainnet.

Stella Integrates Chainlink Price Feeds

The Chainlink team announced via Twitter on Thursday that Stella, a leveraged strategies protocol with 0% cost to borrow, has integrated Chainlink Price Feeds on Arbitrum mainnet. By integrating the Chainlink Price Feeds, Stella has access to high-quality, tamper-proof price feeds needed to help power lending and leveraged strategies. This will provide users with stronger assurances that DeFi strategies are underpinned by tamper-proof market data, 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 1% over the past 24 hours and is trading at $5.693 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.