Key points:
JOJO Exchange, a decentralized platform on the Base network, has integrated Chainlink Data Streams to provide improved Oracle solutions for its perpetual futures trading.
The decision to deploy Chainlink’s infrastructure was driven by sub-second price latency, high data accuracy, and transparency. JOJO Exchange founder Jotaro emphasized that Chainlink ensures a robust risk framework for an enhanced user experience.
Read more: Chainlink Data Streams and VRF Launch on Base Platform!
According to William Reilly of Chainlink Labs, Chainlink Data Streams will provide ultra-fast bid-ask data to JOJO Exchange, providing top-notch liquidation security and supporting a seamless DeFi experience.
By combining smart contract commands with Chainlink, JOJO Exchange enables automated trading with highly efficient on-chain payments, giving users up to 1,000x leverage.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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