Chainlink is a web3 services platform that connects developers, startups, and enterprises to blockchains, allowing for tangible use cases and unlocking real value in Web3. It uses decentralization, trusted nodes, premium data, and cryptographic proofs to connect highly accurate and available data/APIs to any smart contract. With a flexible framework that can retrieve data from any API, connect with existing systems, and integrate with any current or future blockchain, Chainlink is the industry-standard Web3 services platform connecting the people, businesses, and data of today with the Web3 world of tomorrow. The Chainlink Grant Program funds individuals and teams building a more functional, accessible, and impactful smart contract economy. Recently, Chainlink launched a self-service, serverless platform to help developers connect their decentralized applications (dApps) or smart contracts to any Web 2.0 API.
GMX has made significant strides in development, governance, and collaborations, including integration with Chainlink and a successful governance vote.
Chainlink launches Staking v0.2, offering improved security and flexibility for LINK token holders. The new version introduces an unbonding mechanism, dynamic rewards, and a modular architecture.
Canza Finance has introduced Baki, a robust, reliable and scalable Forex service on Avalanche. This new development makes Baki the first synthetic DeFi market for African stablecoins. The protocol is designed to facilitate the trading of synthetic stablecoins across multiple African fiat currencies. Baki stands out as an infinite-liquidity exchange that permits slippage-free swaps between African currencies. Unique from most, these stablecoins are not backed directly by the underlying currency but by USDC. More information about this innovation can be found here. To see how Baki operates, visit https://baki.exchange/.
Avalanche Advancing Off-Chain Computation Services with Chainl
