According to the recent announcement, ChainLink’s more than 30 DeFi price feeds for a range of asset classes, including cryptocurrencies, fiat currencies, commodities, indices, and more will be available on AVA.
“By bringing Chainlink’s oracles into the network, AVA’s contract chain–a highly-scalable implementation of the Ethereum Virtual Machine–will be at parity with almost all of the key Ethereum tooling that has fueled DeFi’s growth to-date, including MetaMask, Web3.js, Remix, Truffle Suite, and Embark Platform,” states AVA Labs in the announcement. “Web3 developers will be able to seamlessly leverage price data within their decentralized applications in real-time.”
AVA is gearing up to launch in the coming months and is currently running the Denali Incentivized Testnet, the final phase of testing before AVA’s mainnet launch. Since launching the testnet last week, more than 500 participants have joined as validators.
AVA is positioning itself as a scalable alternative to other popular blockchain networks, enabling developers to easily adopt the network to build customizable applications across finance sectors.
More: Integrating Chainlink’s Real-Time Price Data to Power Decentralized and Institutional Finance on AVA
Disclaimer: This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.