ChainLink Token (LINKUSD)

[stockvaper]

Integration of Chainlink Price Feeds to Increase Robustness of the CoinFLEX Ecosystem



"...CoinFLEX is excited to announce the integration of Chainlink Price Feeds into our platform. Chainlink’s market-leading price feeds will serve as an additional layer of reliability, becoming the default source of price data in the unlikely event that our systems become unresponsive for a short period of time. This will give us a constant, decentralized source of price information and will allow us to test Chainlink before a potential deeper integration in the future.

CoinFLEX is an exchange where users can seamlessly trade perpetual contracts, collect interest on the world’s first interest-bearing stablecoin, and participate in yield farming via AMM+. The latter allows users to concentrate their liquidity into a price range of their choosing and earn yield from the trading activity within that range on CoinFLEX’s centralised order books.

With the availability of leverage, and the speed and efficiency of centralised orderbooks, AMM+ allows users to trade more with less, resulting in the most capital efficient automated market maker in the world. With CoinFLEX, ‘Link Marines’ can buy and trade LINK in our spot, futures and borrow/lendmarkets & can now add their LINK to the AMM+ in order to earn additional yield and make the most of their LINK holdings (www.coinflex.com/transparency)..."

https://coinflex.com/blog/chainlink-integration-announcement/