SushiSwap Starts Using The Price Stream From ChainlinksteemCreated with Sketch.

in #sushiswap3 years ago

Screenshot_2021-04-23-05-58-10-69.jpg

#SushiSwap, one of the #decentralized #exchanges ( #DEX), has integrated with the price flow using the #Chainlink infrastructure. Data from Chainlink will be used on the platform called #Kashi, recently developed by SushiSwap.

Chainlink's infrastructure will be used in the markets in Kashi, according to SushiSwap's announcement on Thursday . Kashi, a lending platform, allows users to borrow money and open leveraged positions.

↪️"Easy to integrate" was preferred
The flow from Chainlink will ensure the "accurate and up-to-date" evaluation of digital assets in Kashi. The appraisal of these assets will be used to calculate who borrowed how much and the size of the liquidations .

↪️Compatible with both Ethereum and Binance Smart Chain, the infrastructure was the first oracle to be integrated into Kashi. According to SushiSwap's statement, Chainlink was chosen "because of its past performance and ... because it can be easily integrated . " It is planned to receive services from different providers in the coming months.

According to CoinGecko, LINK, the 12th largest cryptocurrency, broke its own record on April 15, reaching $ 44.15 . While SushiSwap ranks 6th among the largest Ethereum -based DEXs; SUSHI has a market value of more than $ 2 billion.

Sort:  

plagiarised-content-warning.png

This content appears to be plagiarised as indicated by @jawad101.

If you have not already done so, you should head to the newcomers community and complete the newcomer achievement programme. Not only will you earn money through upvotes, you will learn about content etiquette;

Since the Steem Blockchain is rewarding your post by producing original content that is from your brain, you are recommended to give citation or source to any of your content that consists of others' works.

You are currently in Stage 1 of our 4 Stage Process:

👉 Stage 1 - 1st Warning - Pointing offenders towards Achievement 3 and highlighting this process. All plagiarised posts currently pending rewards will be flagged and downvoted to $0 rewards.

Stage 2 - A Final Warning - Another request to stop and that plagiarism will not be tolerated. Downvotes amounting to 20% of total pending rewards according to steemworld.

Stage 3 - A stronger message - Downvotes amounting to 50% of pending rewards.

Stage 4 - The strongest message possible - Downvotes amounting to 100% of pending rewards.

Plagiarists will bypass stage 1 if translated from another language.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 58047.91
ETH 2348.61
USDT 1.00
SBD 2.37