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Renzo Protocol Integrates Chainlink Price Feeds

Twitter icon  •  Published 9 months ago on March 21, 2024  •  Hassan Maishera

Chainlink announced via X on Wednesday that Renzo, the restaking hub of EigenLayer, has integrated Chainlink Price Feeds on Ethereum mainnet, Arbitrum and Linea.

Renzo Protocol Integrates Chainlink Price Feeds

Chainlink announced via X on Wednesday that Renzo, the restaking hub of EigenLayer, has integrated Chainlink Price Feeds on Ethereum mainnet, Arbitrum and Linea. By integrating the Chainlink Price Feeds, Renzo’s ezETH now has access to high-quality, tamper-proof price feeds needed to deliver secure and expanded access to the most intelligent liquid restaking strategies. Ultimately, this provides Renzo users with industry-standard price data feeds needed for Renzo DeFi integrations.

Renzo’s ezETH integration with Chainlink allows for new DeFi integrations that require Chainlink price feeds, including Compound Finance, the team added. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 9% over the past 24 hours and is trading at $18.379 at press time.

 

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.