Chainlink

A report by @UKFtweets and @OliverWyman highlights the benefits of tokenized assets, such as instant transfers and reduced risks in clearing, settlement, and counterparty performance.

Avalanche is sponsoring $25K in prizes at Constellation: A Chainlink Hackathon. Developers building Chainlinked applications on Avalanche C-Chain are eligible for both Chainlink core and Avalanche sponsor prizes.

The Chainlink Network was designed to integrate with existing infrastructure rather than replace it, providing a seamless solution for decentralized oracles.

In the Chainlink BUILD program, 70 projects now have enhanced access to Chainlink services and technical support, in addition to making a percentage of their token supply available to Chainlink service providers. The Chainlink SCALE program now has 8 blockchain ecosystems that cover operating costs of Chainlink oracles to accelerate chain innovation. GMX_IO V2 is live on mainnet using Chainlink Data Streams and pays 1.2% of total fees to the Chainlink Network. Chainlink Staking v0.2 will launch this month with a Priority Migration period, followed by Early Access and General Access. Furthermore, there were 10 new integrations of Chainlink services across 6 different chains, including AVAX, BNBCHAIN, Ethereum, LineaBuild, 0xPolygon, and Scroll_ZKP.

Chainlink Automation 2.0 allows decentralized exchanges (DEXs) to securely provide capabilities similar to centralized exchanges (CEXs), including automated liquidity management, dollar-cost averaging, smart orders, stop-loss orders, and stop-limit orders.

Chainlink founder Sergey Nazarov emphasizes the high level of security required for organizations settling quadrillions of value through cross-chain transactions.

Chainlink co-founder Sergey Nazarov revealed in an interview that they are in discussions with large banks and asset managers for production usage of the Chainlink system. This indicates real value and transactional usage of the system on a consistent and growing basis.

NFTs are expected to open up a new realm of tokenized real-world assets in the future.

Chainlink is providing a gateway to the onchain economy for banks, asset managers, and infrastructure providers, allowing NFTs to unlock a new universe of tokenized real-world assets.

Several projects, including Wisdomise, MetaLine X, Sonne Finance, Rollup Finance, LendeXe Finance, and Fyde Treasury, have joined Chainlink BUILD to gain enhanced access to Chainlink's oracle services and technical support. In return, these projects will allocate a percentage of their native token supply to Chainlink service providers. Each project will receive specific benefits from the partnership, such as access to Chainlink's Price Feeds, CCIP, and Automation, as well as new product releases.