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Stader Ethereum Integrates Chainlink CCIP To Unlock Secure Cross-Chain Transfers of ETHx

Twitter icon  •  Published 1 year ago on February 27, 2024  •  Hassan Maishera

Chainlink announced via X on Tuesday that Stader Ethereum, an Ethereum-based liquid staking platform, has integrated Chainlink CCIP across the Ethereum, Arbitrum, and Optimism blockchains.

Stader Ethereum Integrates Chainlink CCIP To Unlock Secure Cross-Chain Transfers of ETHx

Chainlink announced via X on Tuesday that Stader Ethereum, an Ethereum-based liquid staking platform, has integrated Chainlink CCIP across the Ethereum, Arbitrum, and Optimism blockchains. 

Stader Ethereum integrated Chainlink CCIP to unlock seamless and secure cross-chain transfers of ETHx across these blockchains. The Stader team said they chose Chainlink CCIP due to its superior security feature set. 

In addition to defense-in-depth security measures such as active risk management and rate limits, CCIP is powered by the same world-class node operator sets that currently power Chainlink Price Feeds. 

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by less than 1% over the past 24 hours and is trading at $19.134 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.

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