Chainlink Price Feeds Are Now Live on Metis, Helping Provide Our DeFi Ecosystem With High-Quality Price Data

  • Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion.
  • Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or the oracle network.
  • Transparency — Robust, publicly available reputation frameworks and on-chain monitoring tools allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.
  • Economy of Scale — Chainlink Price Feeds benefit from an economy of scale effect, where increasing adoption allows multiple projects to collectively use and fund shared oracle networks to fetch commonly required datasets. This allows DeFi projects to get premium data quality and robust oracle security for a lower total cost.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

About Metis

Metis Andromeda is a Layer-2 built on top of Ethereum with full EVM compatible smart contracts and a rich dApp ecosystem as well as inheriting Ethereum’s security features. Led by the Metis DAO, Andromeda has a number of unique capabilities such as a Peer-to-Peer Sequencer layer and built in extended features for Decentralized Autonomous Companies (DACs). Projects and sub-communities on Andromeda leverage these extended L2 features to bring their Web 3 vision to life, making Andromeda the leading L2 solution on Ethereum in terms of empowering developers and everyday users.

--

--

Layer 2 protocol to run Decentralized Economies

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store