Weekly Wrap: This Week In Chainlink July 19 — July 25, 2021
By: Mike Ferrer, Chainlink Labs
Tags: Chainlink, Avalanche, Smart Contracts, Blockchain, Alpacafinance

Chainlink News and Announcements

Sign up today for Smart Contract Summit #1

SmartCon is back! This August 5–7, we’re hosting 200+ speakers across the DeFi, NFT, and wider blockchain ecosystem for three full days of panels, AMAs, and workshops. Sign up today to discover the latest research and innovations across the smart contract industry.

Smart Contract Summit Developer Track

Introducing the SmartCon Developer Track! Join us on August 6 for a day of technical workshops, panels, AMAs, and more with top projects from the blockchain space. Sign up below to level up your smart contract skills & connect with devs across the industry.

SmartCon Global Watch Parties

We’re excited to host 20 watch parties across the globe for SmartCon! Make sure you’ve registered for the event, then fill out the form below for the chance to attend an exclusive watch party in your city. We’ll release tickets based on when you signed up for the summit.

Chainlink Grants

Qubistry Receives Grant to Natively Integrate Chainlink OCR on RSK

We’re excited to give a grant to @Qubistry_co for a native integration of Chainlink OCR on Bitcoin-based smart contract platform @RSKsmart, enabling hybrid smart contracts for DeFi that use Chainlink oracles to access off-chain resources like Price Feeds

Chainlink Labs Updates

Help us build Chainlink!

Chainlink Labs is hiring for open roles across various departments, including engineering, marketing, & operations. If you want to be at the forefront of technological innovation in the blockchain space & help advance smart contract adoption, apply today.

New Speakers for Smart Contract Summit #1

Will be speaking at SmartCon this August 5–7. Sign up today for the biggest #blockchain event of the year on August 5–7 to discover the latest smart contract innovations and use cases from 200+ industry-leading speakers across #DeFi, the #NFT economy, and the larger blockchain space.

Integrations

Chainlink Price Feeds Are Live on Avalanche Mainnet, Paving Wave for Advanced DeFi Apps

With support from a Chainlink grant awarded to @protofire, Chainlink Price Feeds are now running live as the go-to oracle solution on @avalancheavax mainnet, enabling Avalanche devs to build high throughput, low-cost, & universally connected DeFi apps.

AutoFarm Integrates Chainlink Price Feeds Into Its Cross-Chain Yield and DEX Aggregator

Cross-chain DEX and yield aggregator @autofarmnetwork has integrated Chainlink Price Feeds to provide its users with precise, up-to-date global benchmarks, empowering more informed decision-making when entering/exiting vaults and swapping between assets.

Twin Finance Integrates Chainlink to Secure the Pricing and Collateralization of Synthetic Assets

@TwinFinance integrates Chainlink Price Feeds to secure the pricing and collateralization of its synthetic assets, ensuring they accurately track real-world financial data feeds like the Nasdaq-100 price index, total cryptocurrency market cap, and more.

Jigstack Integrates Chainlink Price Feeds to Secure Exchange Rates for Decentralized Crowdfunding

@jigstack DAO has integrated Chainlink Price Feeds into its crowdfunding platform @Lemonade_Defi to access precise & reliable exchange rates on Ethereum, enabling teams to set stable crowdfunding goals while allowing users to pay on-chain in crypto.

SteakBank Using Chainlink Oracles to Source Price Data for Liquid Staking On BSC

Liquid staking platform @SteakBank has integrated Chainlink on @BinanceChain to access a real-time Price Feed for the BNB/BUSD pair, ensuring that its smart contracts have an accurate depiction of global markets and remain resistant to flash loan attacks.

CryptoCart Will Integrate Chainlink to Secure Price Data Across All Stores

Crypto-based e-commerce platform @CryptoCartCC is using Chainlink Price Feeds to source accurate, up-to-date exchange rates during the checkout process, enabling customers to buy a variety of real-world goods using over 100 different cryptocurrencies.

Octane will Integrate Chainlink Price Feeds to Secure limit orders

@octane_finance will use Chainlink Price Feeds to secure their limit order solution on @BinanceChain. Chainlink’s wide market coverage & decentralized infrastructure ensure price data is precise, highly available, & protected against flash loan attacks.

AthleteX Will Use Chainlink Sports Data to Power Novel Athlete Performance Tokens

@athleteXmarkets will use Chainlink’s high-quality sports data within its synthetic asset issuance & DEX protocol on @0xPolygon to enable Athlete Tokens — collateralized synthetic assets representing athletes, with values pegged to individual performances.

LuxFi Will Launch a Chainlink Node to Bring Luxury Assets Data On-Chain

Luxury asset data & analytics provider @luxfiofficial will launch a Chainlink node to bring a variety of datasets about the luxury goods market on-chain, empowering devs to build dApps using SKUs, primary/secondary market prices, and ownership information.

VRF Integrations

DFSocial Implements Chainlink VRF to Secure Randomized Outcomes on Its Gaming Protocol

@DFSocial_Gaming integrates Chainlink VRF, bringing secure on-chain randomness to its gaming protocol. Chainlink VRF powers provably random NFTs, giveaways, and mystery boxes to ensure participants that all outcomes are verifiably fair and tamper-proof.

SAFERmoon Integrates Chainlink VRF to Secure the #SAFERsummer Celebration

@safermoonreal has integrated Chainlink VRF on @BinanceChain to power their 6-week long giveaway contest. Chainlink VRF uses off-chain computation to generate cryptographic proofs so users can verify the integrity of the random numbers VRF generates.

TeaSwap Finance Integrates Chainlink VRF to Secure SUGAR & TeaSport Raffles

Gamified farming platform @SwapTea integrates Chainlink VRF on @BinanceChain to securely pick winners in its draws. Chainlink VRF uses off-chain computation to generate fair randomness, which is verified on-chain as high integrity via cryptographic proofs.

Infinity Skies Using Chainlink VRF to Fairly Distribute Provably Rare Loot Boxes as In-Game NFTs

Decentralized blockchain game @Inf_Skies integrates Chainlink VRF on @BinanceChain to bring tamper-proof randomness to their virtual world, creating a more competitive & rewarding gaming experience by fairly distributing rare loot boxes as in-game NFTs.

CryptoCompanions Will Integrate Chainlink VRF to Secure its Play-to-Earn Battle Economy

@CompanionsNFT, a play-to-earn NFT game on @avalancheavax, will integrate Chainlink VRF to ensure that its PVP battles, up-leveling, and stat farming game mechanics are powered by a provably fair, tamper-proof source of on-chain randomness.

Keepers Integrations

Flurry Finance Will Integrate Chainlink Keepers to Automate the Daily Rebasing of rhoTokens

@FlurryFi will use Chainlink Keepers to automate daily rebases of rhoTokens in a decentralized & highly reliable manner. Chainlink Keepers use secure off-chain computation to monitor time-based conditions & trigger rebases once conditions are satisfied.

Impermax Integrates Chainlink Keepers to Automate Staking Reward Distributions

Indirect and leveraged yield farming protocol @ImpermaxFinance is using #Chainlink Keepers to automate the distribution of staking rewards, leading to a frictionless DeFi experience where users are consistently paid out on time without manual intervention.

What’s New for Developers 🛠

ETH / USD Data Feeds

Chainlink’s extensive collection of oracle networks provides accurate real-world data on-chain to power more advanced dApps. Developers can integrate the ETH/USD Price Feed on @xdaichain, already relied on by @perpprotocol, @CreamdotFinance, & @1HiveOrg.

BTC / USD Data Feeds

Chainlink continues to launch pre-built oracle networks to support DeFi protocols across multiple blockchains & L2s. @0xPolygon devs can integrate the BTC/USD Price Feed into their dApps for decentralized Bitcoin price data, currently used by @TryPlotX.

Featured Videos & Educational Pieces 🎥

CHAINLINK 2.0: EXPANDING THE META-LAYER

In this @RealVision interview, @AshBennington & @SergeyNazarov explore DeFi use cases, Chainlink 2.0, & the future of the blockchain space. Watch below to learn how Chainlink oracles & smart contracts synergize to enable open, efficient economic systems.

Alpaca Finance on Chainlink Live | Secure Leveraged Yield Farming on BSC

Alpaca Finance is a BSC-based leveraged yield farming protocol that offers capital-efficient lending/borrowing through platform-controlled undercollateralized loans. Users can maximize the value of their assets through various farming strategies while lenders can safely earn passive income by providing liquidity to the borrowers who want to amplify their farming position sizes and resulting yields.

Kalata on Chainlink Live | Binance Smart Chain Derivatives Trading

Kalata is a derivatives trading platform for synthetic assets supported by a peer-to-pool trading engine, where trades are executed with zero slippage against a real-time Chainlink price feed. Users can trade synthetic assets anywhere with 24/7 access and without traditional barriers.

Oracles Are the Final Piece of the Puzzle

Chainlink oracles are the final piece of the blockchain puzzle, enabling smart contract applications to provide global access to reliable infrastructure and services such as decentralized finance and parametric insurance.

Creating a Fair Economic World With Hybrid Smart Contracts

By enabling hybrid smart contracts, Chainlink can transform industries and bring reliable infrastructure to regions around the globe. For instance, by using Chainlinked parametric insurance products, anyone worldwide can access secure and data-driven insurance policies to hedge against various kinds of risk.

What Is a Zero-Knowledge Proof (ZKP)?

Zero-Knowledge Proofs are cryptographic protocols that generate privacy guarantees for blockchains for various use cases. Learn the basics of ZKPs & how decentralized oracle networks can enable smart contracts to use confidential datasets as secure inputs.

Ecosystem & Community Celebrations 👏

Upcoming Events 📅

Are you interested in hosting your own meetup? Apply to become a Chainlink Community Advocate today: https://events.chain.link/advocate

Chainlink’s Community Grant Program empowers our ecosystem to create valuable resources that help accelerate the adoption of Chainlink-powered smart contracts. Apply for a grant today.

Are there other community content and celebrations that we missed? Post them in the comments below! ⤵️