Breaking News: Chainlink Data Feeds Go Live On Celo!

Key Points:

• Chainlink data feeds are live on Celo mainnet, enabling developers to build advanced DeFi applications by giving them access to critical data and services.
• Chainlink data feeds will empower Celo developers, providing critical access to oracle data and services and bolster Celo’s dApps to drive real-world impact and solutions.
• The mobile-first blockchain Celo joined Chainlink Scale in April, giving Celo access to data provider’s oracle services at a relatively low cost by paying with its own CELO token.

Web 3 data provider Chainlink data feeds are now live on Celo mainnet, enabling developers to build advanced decentralized finance (DeFi) applications by giving them access to critical data and services.

This development is expected to bring about a significant change in the DeFi ecosystem by creating more opportunities for developers to create innovative solutions. Furthermore, the integration of Chainlink data feeds to Celo’s blockchain will enhance the security of the platform by ensuring that data is transmitted directly to the blockchain in a secure manner.

“Chainlink data feeds will empower Celo developers, providing critical access to oracle data and services and bolster Celo’s dApps to drive real-world impact and solutions,” Xochitl Cazador, Head of Ecosystem Growth at the Celo Foundation, said. This means that the integration of Chainlink data feeds to Celo’s blockchain will not only enhance the security of the platform but also provide developers with a powerful tool to create innovative solutions that can be used to solve real-world problems.

The mobile-first blockchain Celo also joined Chainlink Scale in April, a program that gives Celo access to the data provider’s oracle services at a relatively low cost by paying with its own CELO token. The Celo community voted in favor of joining. This means that Celo will have access to a wider range of data and services, which will help to enhance the capabilities of the platform. With the integration of LINK data feeds and access to Chainlink’s oracle services, Celo is poised to become a major player in the DeFi ecosystem, offering developers a powerful platform to create innovative solutions that can drive real-world impact and solutions.

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