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World Liberty Financial (WLFI) announced a partnership with Chainlink on Nov. 14, aimed at enhancing the security and interoperability of its DeFi protocol. The collaboration is intended to leverage Chainlink’s established on-chain data and cross-chain connectivity solutions, which are widely adopted across the decentralized finance sector. According to the release, this partnership is seen as a key move for WLFI as it seeks to position itself as a leader in the DeFi space.
Chainlink’s infrastructure, which has facilitated over $16 trillion in transaction value, is set to support the WLFI Protocol, particularly through the integration of Chainlink Price Feeds on the Ethereum mainnet. This integration will underpin WLFI’s planned Aave v3 instance, contingent on approval from the WLFI Governance Platform. The collaboration is expected to provide reliable on-chain financial data for WLFI, allowing for secure deployment of assets such as USDC, USDT, ETH, and WBTC. The firms involved emphasize that Chainlink’s proven track record in securing DeFi platforms, such as AAVE, for over five years was a decisive factor in choosing this technology.
Sergey Nazarov, Co-Founder of Chainlink, stated that their oracle network’s established presence in the DeFi ecosystem would help WLFI attract users who prioritize security and reliability. By adopting Chainlink’s technology, WLFI aims to accelerate the mass adoption of DeFi applications, targeting both institutional and retail users.
The press release outlines WLFI’s broader mission, which is reportedly inspired by President-Elect Donald J. Trump’s vision to democratize access to financial resources. The WLFI Protocol focuses on promoting privacy-preserving peer-to-peer transactions and supporting stablecoin adoption to bolster the global status of the US Dollar. According to the company, its governance system, powered by the $WLFI token, enables community members to influence protocol decisions and shape the platform’s evolution.
Eric Trump, acting as Web3 Ambassador for WLFI, expressed optimism regarding the partnership with Chainlink:
“World Liberty Financial’s partnership with Chainlink marks a huge step forward. Never before have we been more bullish on crypto or the overall future of DeFi technology.“
The integration of Chainlink’s services is expected to enhance WLFI’s capabilities in securing lending protocols and developing tokenized real-world assets (RWAs) that are interoperable across multiple blockchains.
WLFI aims to bridge the gap between traditional finance (Web2) and decentralized technologies (Web3) by prioritizing an intuitive user experience. The adoption of Chainlink’s cross-chain interoperability and proof of reserves features is expected to drive further growth in DeFi adoption. The integration of Chainlink’s SmartAssets framework is seen as a means to unlock the potential of tokenization, supporting WLFI’s goal of creating a secure, accessible financial ecosystem.
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