Wednesday, July 21, 2021 11:41:18 PM
"...Avalanche, a blockchain-based platform used to launch apps, has incorporated data feeds from Chainlink, an “oracle” network, which is a service that brings data from outside sources into a blockchain.
Smart contracts with external data, such as prices, piped in are powering a growing decentralized finance (DeFi) economy of lending apps, decentralized exchanges and price-sensitive derivatives markets. DeFi refers to apps that allow people to conduct financial transactions without a traditional intermediary such as a bank..."
https://finance.yahoo.com/news/chainlink-integration-looks-catalyze-defi-130000200.html
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