World Liberty Financial Adopts the Chainlink Standard

Twitter icon  •  Published 1 month ago on November 15, 2024  •  Hassan Maishera

On Thursday, Chainlink announced via X that World Liberty Financial (WLFI) is adopting the Chainlink standard to accelerate the mass adoption of DeFi.

World Liberty Financial Adopts the Chainlink Standard

On Thursday, Chainlink announced via X that World Liberty Financial (WLFI) is adopting the Chainlink standard to accelerate the mass adoption of DeFi. Inspired by President-Elect Donald J. Trump’s vision, WLFI aims to democratize access to financial opportunities.

Adopting the Chainlink standard will start with the WLFI Protocol integrating Chainlink Price Feeds on Ethereum mainnet, supporting the planned launch of the World Liberty Financial Aave v3 instance, subject to the WLFI Governance Platform approval process.

Chainlink Price Feeds will provide the WLFI Protocol with a secure and reliable source of financial market data, crucial to enabling the launch of WLFI's Aave v3 instance, as it onboards assets such as USDC, USDT, ETH, WBTC, and many others.

Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 4% over the past 24 hours, trading at $13.23.

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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.