KelpDAO Enhances rsETH Security with Chainlink Proof of Reserve
KelpDAO Enhances rsETH Security with Chainlink Proof of Reserve
馃攼 Guess Who's Getting Bulletproof
KelpDAO is implementing Chainlink's Proof of Reserve (PoR) Secure Mint to strengthen rsETH's security and transparency. This integration enables:
- Automated enforcement of 1:1 collateralization
- Real-time reserve verification for lending protocols
- Prevention of token overminting through cryptographic guarantees
The implementation follows similar successful integrations, including 21co's wrapped Bitcoin product on Solana and Ethereum. This upgrade positions rsETH to maintain its status as reliable DeFi collateral.
Chainlink Proof of Reserve Secure Mint powers real-time reserve monitoring and secures the minting of @21co__鈥檚 wrapped Bitcoin product, 21BTC, on Solana and Ethereum. Secure Mint enables token developers to programmatically require reserves to be greater than or equal to the
.@KelpDAO is integrating Chainlink Proof of Reserve Secure Mint to enhance the security and transparency of rsETH. By leveraging Chainlink Proof of Reserve Secure Mint, Kelp can programmatically enforce 1:1 collateralization, ensuring that new tokens are only minted when
Integration announcement 馃尡 To further secure rsETH, we have decided to integrate @Chainlink Proof of Reserve (PoR) to enhance the security and reliability of rsETH minting and ensure rsETH maintains its position as high-quality collateral for DeFi. Chainlink PoR Secure Mint
Chainlink Runtime Environment (CRE) Launches for Custom Workflow Development
Chainlink has introduced the Chainlink Runtime Environment (CRE), a significant advancement in blockchain development infrastructure. - Developers can now create custom workflows beyond standard prepackaged services - Full access to Chainlink Network's capabilities for tailored solutions - Platform evolution focuses on accelerating onchain finance development The CRE represents a shift from fixed services to flexible, developer-controlled implementations. This update enables more sophisticated dApp development and enhanced blockchain integration capabilities. Learn more: [Chainlink Runtime Environment](https://blog.chain.link/introducing-chainlink-runtime-environment/)
BTCFi Leverages Chainlink for Enhanced Security and Transparency
BTCFi is implementing multiple Chainlink services to strengthen its Bitcoin-backed asset ecosystem: - **Proof of Reserve**: Enables real-time verification of Bitcoin-backed assets - **Secure Mint**: Supports reliable markets for tokens like FBTC - **CCIP Integration**: Facilitates cross-chain operations - **Price Feeds**: Provides accurate asset pricing data The integration aims to increase security, enhance transparency, and reduce ecosystem risk. @Pumpbtcxyz, a leading Bitcoin asset issuer, is among the early adopters leveraging these features for their liquid staking token. [View FBTC data feeds](https://data.chain.link/feeds/ethereum/mainnet/fbtc-por)
Europe's Digital Asset Market Infrastructure Takes Shape with Key Players
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Stablecoins Set to Become Major Treasury Holders
According to recent projections, stablecoin issuers are positioned to become leading holders of U.S. Treasury securities, potentially surpassing major sovereign nations. Chainlink co-founder Sergey Nazarov discussed this trend in American Banker, highlighting the U.S. government's efforts to accelerate digital asset adoption. This development marks a significant shift in how Treasury securities are held and traded, pointing to growing mainstream acceptance of digital assets in traditional finance. [Read the full article in American Banker](https://www.americanbanker.com/news/lightning-speed-trumps-100-days-of-stablecoin-advocacy)