Amy Finance not too long ago introduced that Chainlink Worth Feeds might be built-in into Arbitrum to offer merchants one of the best buying and selling expertise potential. Not solely that, however it should additionally guarantee strong cash safety.
Chainlink Worth Feeds have demonstrated over time that they will ship safe and constant efficiency. Up to now, it has delivered the very best high quality worth knowledge within the trade and maintained excessive reliability throughout the extremely risky market and community congestion.
They’re sure that when Chainlink oracles go reside on the Arbitrum Rollup Testnet alongside energetic merger into the mainnet, it should nonetheless present the identical ranges of safety and reliability. Nevertheless, it must bear the low-cost advantages of Arbitrum’s Layer2.
Amy Finance is a Layer 2 lending protocol that’s LP pleasant, with V1 supporting margin buying and selling, meeting swimming pools, and NFT mining. It makes use of a one-of-a-kind design to reinforce capital movement for liquidity suppliers by means of the single-asset staking whereas stopping non permanent losses and offering numerous revenue streams that aren’t obtainable wherever else. Amy Finance has partnered with swimming pools with heavy liquidity, similar to Wootrade and DODO, to offer you the bottom pricing for margin buying and selling. The synergy of Arbitrum, Amy Finance, and Chainlink might be large for the DeFi neighborhood, bringing unparalleled scale whereas protecting the decentralization intact. Amy Finance will use Chainlink Worth Feeds to provoke liquidations for undercollateralized loans and leveraged positions based mostly on the latest world asset values.
About Amy Finance
Amy Finance is a Layer 2 lending protocol that’s LP pleasant and encourages honest launch with none personal investor or presale. It aids customers in encashing excessive and protected yields.
Chainlink is the oracle community for supporting hybrid sensible contracts. Chainlink’s Decentralized Oracle Networks affords builders the big assortment of premium high quality knowledge sources together with the safe off-chain reckoning to reinforce the potential of sensible contracts on any blockchain.