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Disclaimer: The textual content beneath is a press launch that was not written by Cryptonews.com.
A Solana-powered DeFi ecosystem, CODI has introduced an integration with ChainLink, the main decentralized oracle community, to achieve entry to high-quality worth feeds.
October 26, 2021– CODI Finance is a Solana-powered ecosystem with three choices: a decentralized alternate (DEX), an IDO launchpad, and a decentralized lending and borrowing protocol. This integration with Chainlink’s decentralized oracle community goals to entry high-quality, tamper-proof worth feeds to safe options on their platforms reminiscent of cross-chain IDO swimming pools, futures protocol, and staking swimming pools.
CODI hopes to assuage early buyers’ considerations by demonstrating that their Launchpad protocol is extremely scalable, interoperable, and safe. As well as, CODI Finance defined why it selected Chainlink as its go-to Oracle answer by stating that Chainlink’s infrastructure is straightforward to combine and has been time-tested in manufacturing. In addition they mentioned that Chainlink already leads DeFi protocols, that are accountable for billions of {dollars} in sensible contracts. Moreover, chainlink has maintained excessive safety and availability even throughout alternate downtime, flash crashes, and flash mortgage assaults.
CODI’s main purpose has all the time been to be a number one DeFi ecosystem that accelerates the equitable and decentralized funding of next-generation DeFi tasks. Entry to new asset costs provided on-chain is required for CODI to run an IDO launchpad efficiently. Chainlink suits into the CODI idea and imaginative and prescient due to important options reminiscent of:
- Excessive-High quality Information
- Safe Nodes Operator
- Decentralized Community
- Fame System
CODI Finance’s integration with Chainlink is a major assertion from the corporate, demonstrating their dedication to creating a world-class DeFi product that can stand the check of time and supply customers with a superb expertise rivaled solely by a couple of.
CODI is at present within the midst of its non-public sale, which can finish this week, and you’ll nonetheless take part by emailing [email protected].
Please go to Codi.finance for extra info on this venture, or be part of the group by following their social media channels:
Twitter: https://twitter.com/Codi_Finance
Discord: https://discord.gg/gyUadGhScv
Telegram: https://t.me/codi_finance_community
