Algorithmic stablecoin Grape Finance announced in a Medium post on Wednesday that it had integrated Chainlink Price Feeds on Avalanche. Grape Finance has access to high-quality, tamper-proof price feeds needed to help ensure the GRAPE stablecoin is pegged 1:1 to Magic Internet Money (MIM), the team added.
(LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by more than 30% over the past 24 hours and is trading at $5.31 at press time.