Chainlink Integration by ParallelFi Leads to Gas-Efficient NFT Lending
Chainlink Integration by ParallelFi Leads to Gas-Efficient NFT Lending
ParallelFi integrated Chainlink CCIP & NFT Floor Price Feeds in December 2023, resulting in a 50% reduction in gas costs and a 20% increase in pricing accuracy. This integration helped unlock gas-efficient NFT lending, attracting over $100M in TVL. By leveraging Chainlink's services, Parallel achieved significant cost savings and improved security in their NFT lending solution.
In December 2023, @ParallelFi integrated #Chainlink CCIP & NFT Floor Price Feeds to help unlock gas-efficient NFT lending. They chose Chainlink for its industry-standard security and reliability. The result: A 50% reduction in gas costs and a 20% increase in pricing accuracy.
Chainlink Reserve Reaches 651,085 LINK Tokens
**Chainlink Reserve Growth Continues** The Chainlink Reserve added **64,445.23 LINK tokens** on October 30th, bringing its total holdings to **651,085.90 LINK**. **Key Details:** - Weekly accumulation shows steady growth from enterprise adoption - Reserve funds come from both offchain enterprise revenue and onchain service usage - Total represents significant increase from previous weeks **Reserve Purpose:** The reserve supports Chainlink Network's long-term growth and sustainability through strategic LINK accumulation. **Recent Growth Pattern:** - Oct 30: 651,085 LINK total (+64,445 added) - Oct 23: 586,640 LINK total (+63,481 added) - Oct 16: 523,158 LINK total (+59,968 added) View current metrics at [metrics.chain.link/reserve](http://metrics.chain.link/reserve)
Ondo Finance Partners with Chainlink for Regulated Tokenized Stocks Platform
**Ondo Finance** has selected **Chainlink** as its official oracle infrastructure for its regulated tokenized stocks platform, marking a significant partnership in institutional DeFi. **Key Partnership Details:** - Chainlink CCIP becomes the preferred interoperability solution for financial institutions working with Ondo - Ondo adopts Chainlink data standard for accurate, reliable market data pricing - Chainlink joins the Ondo Global Market Alliance to support regulated tokenized stocks onchain **Technical Integration:** - Each Ondo Global Markets asset receives secure, real-time data through Chainlink's institutional-grade oracle infrastructure - Chainlink feeds capture economic and corporate action events for real-time equity pricing - Enables composability across lending protocols, structured products, and collateralized DeFi vaults **Market Impact:** This collaboration aims to build next-generation onchain capital markets by combining: - Real-time, onchain equity access - Trusted data and interoperability for institutional DeFi - Traditional finance liquidity with DeFi programmability The partnership positions both companies to work jointly with major financial institutions, leveraging Ondo's tokenization capabilities and Chainlink's oracle infrastructure to bring trillions in assets onchain.
AllUnity Partners with Chainlink for Cross-Chain Euro Stablecoin Payments Across Europe
**AllUnity**, a regulated e-money institution backed by DWS Group, Flow Traders, and Galaxy, has partnered with **Chainlink** to enable institutional-grade cross-chain stablecoin payments across Europe. The partnership integrates **Chainlink CCIP** to power EURAU, Germany's first fully euro-backed, MiCAR-compliant stablecoin. This enables secure transfers across multiple networks: - Arbitrum - Base - Ethereum - Optimism - Polygon - Solana - Canton Network (coming soon) **Key benefits:** - Establishes EURAU as a multi-chain-native stablecoin - Unifies euro liquidity across different blockchains - Supports growth of Europe's tokenized asset markets - Maintains regulatory compliance under MiCAR This development strengthens Europe's digital asset infrastructure by providing seamless, compliant cross-chain euro transfers for institutional users.
SmartCon 2024 Announces Five Gold Sponsors Including GSR and TRON DAO
**SmartCon 2024** has secured five major gold sponsors for its November 4-5 NYC event: - **GSR** - Global crypto trading firm with 10+ years experience in market making and OTC trading - **Lighter** - Ethereum-based decentralized perpetual DEX focused on security and scale - **Movement** - Move-based blockchain ecosystem building DeFi tools and community participation - **Solv Protocol** - BTCFi platform bridging TradFi, CeFi, and DeFi for Bitcoin holders - **TRON DAO** - Community-governed organization supporting TRON chain and TRC-20 standards The conference brings together leaders from traditional finance and decentralized finance sectors. [Register for SmartCon](https://chn.lk/4iYOiSy)
馃 Gold Rush Meets Blockchain
**Pleasing Golden** has integrated **Chainlink Data Streams** to enhance its tokenized precious metals platform on Arbitrum. The integration brings **sub-second, verifiable data** to XAU (gold) markets, delivering: - Faster transaction processing - More reliable onchain gold trading - Enhanced security for precious metal investments This development builds on Chainlink's expanding presence across multiple chains, including previous integrations on ApeChain, Base, and BNB Chain for BTC, ETH, and SOL markets. The move represents another step forward in **real-world asset (RWA) tokenization**, making traditional precious metals more accessible through blockchain technology.