CODI Finance Announces Integration With Leading Oracle Provider, ChainLink
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
A Solana-powered DeFi ecosystem, CODI has announced an integration with ChainLink, the leading decentralized oracle network, to gain access to high-quality price feeds.
October 26, 2021- CODI Finance is a Solana-powered ecosystem with three offerings: a decentralized exchange (DEX), an IDO launchpad, and a decentralized lending and borrowing protocol. This integration with Chainlink's decentralized oracle network aims to access high-quality, tamper-proof price feeds to secure features on their platforms such as cross-chain IDO pools, futures protocol, and staking pools.
CODI hopes to assuage early investors' concerns by demonstrating that their Launchpad protocol is highly scalable, interoperable, and secure. In addition, CODI Finance explained why it chose Chainlink as its go-to Oracle solution by stating that Chainlink's infrastructure is easy to integrate and has been time-tested in production. They also said that Chainlink already leads DeFi protocols, which are responsible for billions of dollars in smart contracts. Furthermore, chainlink has maintained high security and availability even during exchange downtime, flash crashes, and flash loan attacks.
CODI's primary goal has always been to be a leading DeFi ecosystem that accelerates the equitable and decentralized funding of next-generation DeFi projects. Access to new asset prices supplied on-chain is required for CODI to run an IDO launchpad successfully. Chainlink fits into the CODI concept and vision because of critical features such as:
- High-Quality Data
- Secure Nodes Operator
- Decentralized Network
- Reputation System
CODI Finance's integration with Chainlink is a significant statement from the company, demonstrating their commitment to developing a world-class DeFi product that will stand the test of time and provide users with an excellent experience rivaled only by a few.
CODI is currently in the midst of its private sale, which will end this week, and you can still participate by emailing [email protected].
Please visit Codi.finance for more information on this project, or join the community by following their social media channels: