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Thales Integrates Chainlink Automation

Twitter icon  •  Published 2 years ago on October 12, 2023  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Wednesday that Thales, a novel protocol powering on-chain, parimutuel markets, has integrated Chainlink Automation live on the Arbitrum and Optimism mainnets.

Thales Integrates Chainlink Automation

Chainlink announced via X (formerly Twitter) on Wednesday that Thales, a novel protocol powering on-chain, parimutuel markets, has integrated Chainlink Automation live on the Arbitrum and Optimism mainnets.

Thales will be leveraging Chainlink Automation to help securely and cost-efficiently trigger the claimOnBehalf method that enables stakers to automate reward claims. As a result, stakers no longer risk forfeiting weekly rewards by forgetting to claim them manually.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 2% over the past 24 hours and is trading at $7.329 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.