$93,562.00
5.98%$1,778.67
12.09%$2.24
7.58%$617.25
2.55%$150.94
8.22%$0.999861
-0.01%$0.180847
11.07%$0.694415
10.70%$0.247315
-0.13%$1,781.94
12.44%$93,681.00
6.17%$2.91
29.23%$22.60
14.60%$14.56
11.24%$9.06
-1.34%$0.267615
9.05%$0.00001366
10.51%$0.184483
7.05%$3.11
6.11%$2,140.05
12.66%$0.999863
-0.00%$361.40
6.58%$83.92
6.39%$18.89
3.57%$4.07
9.40%$4.60
4.10%$1.00
0.01%$1,786.89
12.84%$0.999505
0.07%$0.669941
6.33%$226.97
4.93%$28.51
0.75%$1,901.64
13.16%$0.00000906
14.33%$93,478.00
5.94%$5.91
12.37%$5.30
10.57%$52.25
2.98%$2.47
13.83%$24.16
4.44%$0.939527
10.09%$332.60
3.47%$5.18
10.89%$32.83
1.95%$16.94
9.76%$0.092582
12.79%$1.048
0.02%$1.00
0.00%$0.094859
6.71%$162.57
12.31%$0.713455
7.76%$4.51
4.07%$0.02609559
11.80%$1.17
0.10%$4.39
9.42%$93,259.00
5.95%$0.217712
2.47%$0.33825
18.17%$9.37
11.89%$0.215831
12.34%$4.23
0.03%$2.72
8.89%$2.81
11.99%$0.631616
8.55%$0.51512
10.46%$0.997141
-0.08%$0.325941
10.36%$4.12
5.15%$93,675.00
6.30%$10.24
4.02%$0.449468
11.65%$157.36
7.87%$1,489.28
10.27%$0.750511
9.52%$0.809958
8.97%$0.076846
6.72%$0.00001551
24.24%$1.14
11.02%$0.6334
40.58%$0.863505
12.45%$1,779.32
12.09%$1.055
1.77%$0.01671865
4.15%$1,858.03
12.60%$71.00
7.33%$3.78
4.75%$0.669682
6.21%$0.19617
12.04%$9.42
12.04%$1.00
0.08%$15.80
8.57%$0.678328
12.83%$0.99978
-0.05%$0.090799
10.29%$2,002.68
12.20%$0.999966
-0.07%$3,320.23
-5.47%$1.00
0.01%$93,153.00
7.28%$617.12
2.46%$0.01638419
16.32%$3,325.80
-4.88%$2.63
14.41%$194.18
8.34%$0.0169528
8.46%$93,329.00
5.93%$166.70
8.35%$0.194594
16.30%$0.296119
9.65%$0.803694
14.36%$1,890.44
12.13%$3.84
11.81%$0.118423
5.08%$0.688788
12.41%$0.997899
0.02%$0.670579
2.65%$0.00006771
17.83%$0.508553
20.42%$0.00000064
4.98%$0.998998
-0.04%$93,136.00
5.62%$0.01869197
10.43%$0.394255
7.06%$30.85
6.64%$1.88
10.89%$2.03
5.29%$1.11
1.68%$0.243722
9.05%$0.0063759
16.70%$0.309164
3.72%$0.541155
7.59%$1,865.54
12.65%$3.47
7.01%$16.87
13.38%$0.153519
9.31%$0.550623
27.83%$0.565654
10.11%$32.94
6.63%$0.551381
27.94%$0.20075
56.05%$0.768804
35.11%$0.998398
-0.02%$0.00872839
6.88%$0.643037
10.68%$90,981.00
4.74%$0.445912
7.05%$0.067049
-1.32%$93,487.00
5.91%$0.9998
-0.02%$0.180108
10.90%$1.68
5.53%$1.31
6.66%$0.999734
-0.03%$88,321.00
0.00%$1,839.81
11.08%$0.04505778
31.34%$2.11
7.25%$15.55
11.72%$0.00690328
38.88%$0.00002199
7.00%$1,783.24
12.71%$0.147576
10.24%$110.78
0.01%$0.00000043
1.03%$93,482.00
6.16%$6.41
17.23%$5.96
10.04%$1.002
0.11%$1.084
-0.00%$3.72
9.00%$2.52
12.55%$0.504547
10.10%$0.076938
8.37%$0.47965
21.15%$0.04053681
9.96%$43.13
10.14%$0.330183
18.67%$1,776.44
12.11%$0.220728
4.25%$1,777.18
12.01%$0.082285
8.74%$1,890.25
11.95%$0.00708554
13.44%$0.99972
-0.02%$1.00
0.02%$1,777.09
12.05%$21.79
-0.33%$0.571559
9.20%$1.001
-0.11%$0.1744
2.90%$0.834163
8.14%$0.00412231
-1.73%$0.0000637
5.89%$0.34427
25.84%$0.01734288
0.90%$1,813.01
12.71%$0.12295
3.09%$0.996091
-0.62%$0.999791
0.04%$0.03178645
1.61%$0.330153
9.43%$0.00000148
15.83%$93,411.00
5.98%$2.69
11.45%$0.658984
21.12%$114.49
10.52%$0.240004
10.68%$0.99988
-0.03%$1.18
8.83%$0.64815
13.63%$26.52
6.46%$3.63
5.68%$0.289187
27.25%$0.138853
-0.46%$0.683773
-3.99%$93,483.00
5.21%$1,765.49
12.73%$0.99907
-0.07%$0.00403435
68.14%$0.274948
6.28%$22.46
9.00%$0.00044989
5.34%$3,187.04
0.00%$2.80
2.02%$1,883.46
12.44%$0.187327
8.31%$1,777.03
12.03%$0.112126
8.71%$22.59
14.48%$0.03706278
3.48%$0.512166
6.09%$0.444662
9.00%$0.01267561
8.63%$0.0028223
10.40%$0.959353
17.97%$1,877.98
5.90%$15.17
10.42%$0.02928093
6.45%$1.038
15.19%$0.729376
11.54%$2.26
7.84%$1,949.77
12.35%$0.00
13.14%$0.999886
-0.07%$0.99943
-0.05%$1,943.01
12.84%$93,332.00
8.29%$0.233825
20.75%Reading
The Chainlink partnerships keep piling up.
Nexo, the regulated digital asset-backed credit line service, announced today a new partnership with Chainlink, the leading decentralizeddecentralized oracle network to improve security and boost the reliability of pricing data on the platform. It’s another win for Chainlink, quickly becoming one of crypto’s most widely utilized sources of truth and an essential part of the broader DeFi ecosystem.
Today we are announcing the strategic collaboration between Nexo & @chainlink. 🙌
A logical step based on our shared belief in #DeFi & common goal of driving the digital finance industry into the mainstream.
Read our joint statement:https://t.co/qFBuar4RNG
— Nexo (@NexoFinance) July 8, 2020
Nexo secures more than $600 million in user funds, providing loans in USD and dozens of other local currencies backed by digital assets. Nexo will leverage Chainlink price feeds to ensure borrowers have enough collateral to secure their loans, as well as to audit lending and borrowing activity on the platform. The integration will also provide a transparent record of exchange rates when users choose to repay loans in a different currency from what they originally received.
“Nexo’s mission is to bridge the gap between digital and traditional finance, and our developing partnership with Chainlink brings us a step closer to achieving this,” Nexo co-founder and managing partner Antoni Trenchev said.
Chainlink has been a major beneficiary of the rise of DeFi in 2020, being chosen to provide decentralized oracle services to a range of applications, including decentralized VPN Orchid and token swap platform Kyber Network. As a result Chainlink is up more than 200% year to date, marking several new all time highs along the way.
Chainlink (LINK) is not yet a top 10 cryptocurrency by market cap, but at this rate, it soon might. Chainlink today shot up by close to 20% in price and is currently trading for $5.80, eclipsing its previous all-time high of just under $5 that it hit in March of this year. LINK is still a relatively new coin, having launched in an ICO in September 2017, which raised more than $30 million. Chainlink sold for a mere $0.09 during its pre-sale, and started off its few months trading at around $0.20...
“We’re excited to bring Chainlink’s secure and reliable oracle solutions to Nexo’s popular lending platform to enable users to independently verify on-chain the interest and collateralization rates they should receive,” Chainlink co-founder Sergey Nazarov said.
“This allows Nexo to provide additional trust and transparency to their large user base.”
Chainlink may also be ahead of the curve when it comes to impacting DeFi products that are being built off the EthereumEthereum blockchain—Polkadot and Tezos, both younger upstarts eyeing the top position currently occupied by Ethereum, have already partnered with Chainlink to bolster their credentials and accelerate adoption among developers and cryptocrypto enthusiasts.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
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