UGS Labs, a Solana-based Automated Liquidity Provider (ALP), announced via a Medium post on Wednesday that it has integrated Chainlink Price Feeds on Solana mainnet. By integrating the Chainlink Price Feeds, UGS Labs now has access to high-quality, tamper-proof price feeds needed to help determine the floor price of NFT collections in USD. This will provide its users with stronger assurances that CORE is running off the highest quality price feeds available in Web3, the UGS Labs team added.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 3% over the past 24 hours and is trading at $6.325 at press time.