Friday, July 09, 2021 5:23:44 PM
"...B.Protocol is excited to announce our successful integration of Chainlink Keepers on Ethereum’s Kovan testnet to help liquidate loans within our Backstop Automated Market Maker (B.AMM). The use of the keepers is two-fold:
Whenever the B.AMM prices deviates significantly from current market price, due to large inventory imbalance, the keepers will automatically trigger an arbitrage transaction with DEX aggregator. The arbitrage will decrease the imbalance, and will allow the B.AMM to offer prices that are closer to the market price.
In lending platforms where a dedicated liquidation transaction is needed, Chainlink Keepers automatically step in and trigger liquidation functions, adding more robustness to our liquidation mechanism..."
https://medium.com/b-protocol/b-protocol-integrates-chainlink-keepers-on-ethereum-testnet-to-further-secure-liquidations-within-b-8fa0e23e4429
sayBLOWE Uses Chainlink Oracles to Unite Hip-Hop x NFTs
"...sayBLOWE creates NFT campaigns to advance Hip Hop culture through smart contract innovations. sayBLOWE builds on the foundation of Hip Hop rather than a specific function of NFTs, i.e., music, digital art, royalties, etc. This key differentiation allows the project to utilize all current and future use-cases of NFTs in the pursuit of the ultimate fan inclusion opportunities. The explosive new project has positioned itself as the catalyst of a new NFT revenue stream for all Hip Hop artists — sayBLOWE is pioneering the market of ‘NON-FUNGIBLE FLYNESS’..."
https://medium.com/@itwaswritten/sayblowe-uses-chainlink-oracles-to-unite-hip-hop-x-nfts-318e60c89e31
Recent LINKUSD News
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