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Synthetix’s Spartan Council Votes to Integrate Chainlink Data Streams into Synthetix V3 on Arbitrum

Twitter icon  •  Published 5 months ago on August 12, 2024  •  Hassan Maishera

Chainlink announced via X on Friday that the Synthetix Spartan Council has voted unanimously in favor of integrating Chainlink Data Streams into Synthetix V3 on Arbitrum.

Synthetix’s Spartan Council Votes to Integrate Chainlink Data Streams into Synthetix V3 on Arbitrum

Chainlink announced via X on Friday that the Synthetix Spartan Council has voted unanimously in favor of integrating Chainlink Data Streams into Synthetix V3 on Arbitrum. 

Chainlink Data Streams significantly enhances the performance, security, and reliability of markets on the Synthetix protocol.

Synthetix is an Ethereum-based protocol for issuing and trading synthetic assets, including cryptocurrencies, leveraged tokens, equities, and other real-world assets. SNX, the native token of Synthetix, is down 6% in the last 24 hours and is trading at $1.29 at press time.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 6% over the past 24 hours and is trading at $9.99 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.