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Monday, 06/21/2021 10:37:04 AM

Monday, June 21, 2021 10:37:04 AM

Post# of 1836
MoonFarm Finance Integrates Chainlink Price Feeds to Secure MoonFarm Algorithm Farming Strategy

"...We’re excited to announce that MoonFarm Finance — the first CeDeFi Yield Farming Aggregator on Multi chain — has integrated Chainlink Price Feeds on the Binance Smart Chain mainnet. By integrating Chainlink’s industry-leading decentralized oracle network, MoonFarm Finance has access to high-quality, tamper-proof price feeds needed to monitor the price changes of token so that the algorithm can detect the impermanent loss could happen and switch the farm to avoid it..."


"...MoonFarm optimizes Yield Farming interest (APY/ APR) and provides users with the abilities to choose what farms they want to use, or the system will automatically determine the best farming strategies using the yield optimization engine..."

https://moonfarmfinance.medium.com/moonfarm-finance-integrates-chainlink-price-feeds-to-secure-moonfarm-algorithm-farming-strategy-844d11ed6909

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