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Monday, 06/28/2021 3:23:50 PM

Monday, June 28, 2021 3:23:50 PM

Post# of 1836
PancakeHunny Integrates Chainlink Price Feeds to Protect Against Flash Loan Attacks

"...PancakeHunny sets out to tighten the security of protocols upon witnessing the growing amount of threats and exploitations amongst DeFi platforms and to prevent any potential flash loan attacks, we’re excited to announce that we are now securing hives using Chainlink Price Feeds — the industry standard for decentralized price oracles..."

"...Chainlink Price Feeds are the most widely used and time-tested oracle solution throughout the DeFi industry, collectively securing tens of billions of dollars in users' funds across the largest DeFi projects and blockchains. Most importantly, Chainlink Price Feeds are flash loan resistant because they provide financial market data in a decentralized manner that reflects the volume-weighted, market-wide price aggregated from across centralized and decentralized exchanges..."

https://medium.com/pancakehunny/pancakehunny-integrates-chainlink-price-feeds-to-protect-against-flash-loan-attacks-a3dc4d52991
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