The blockchain oracle provider Chainlink has made its Data Feeds available on Polygon zkEVM, unlocking an extensive DeFi ecosystem for zero-knowledge applications.
The integration will enable developers to build advanced decentralized applications (dApps) using the standard data solution.
Chainlink Data Feeds offers highly efficient and dependable price oracles for liquidity protocols, advanced decentralized exchanges, and numerous other applications.
The collaboration blogpost was shared by Polygon Labs, and it claimed that projects built on Polygon zkEVM will be able to seamlessly access and leverage data from a number of aggregators across the wide landscape of decentralized finance (DeFi).
Chainlink Data Feeds hosts multiple layers of decentralization to fetch the price data while being resistant to downtime, Oracle manipulations, and such attacks as flash loans.
“We’re thrilled to be supporting Polygon zkEVM with secure and reliable price data that empowers developers to begin building lightning-fast DeFi applications.” said Johann Eid, Chief Business Officer at Chainlink Labs.“ Security is a necessity for the long-term vision of any DeFi protocol, and with Chainlink’s robust, time-tested oracle networks now live on Polygon zkEVM, we’re excited to see what gets built.”
Polygon zkEVM provides a fully EVM (Ethereum Virtual Machine) compatible environment that supports most of the Ethereum tooling and tech stack.
“With the integration of Chainlink Data Feeds, DeFi can take the next step on Polygon zkEVM,” said Marc Borion, CEO at Polygon Labs.
“Chainlink oracles unlock a host of DeFi applications, bringing opportunity for new dApps that truly leverage the unique value propositions of a ZK rollup, including fast finality and robust security.”
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