Zilliqa (ZIL) announced that Chainlink data feeds are now available on the mainnet and testnet, opening up greater versatility for programmers looking to run smart contracts and dApps on the network. Chainlink data feeds will be used to provide real-time price data for ZIL/USD and USDT/USD. Chainlink Oracles have become a popular solution for DeFi platforms due to their proven security and reliability.
Chainlink oracles are currently used in 345 DeFi protocols, while supporting a wide range of blockchain use cases. As of October 9, 2023, Chainlink oracles support 46.69% of TVS (total value secured) across all blockchains, corresponding to a total value of $11.895 bln.
Chainlink’s data reliability, decentralization, versatility, security, interoperability, and smart contract functionality have been highlighted as key reasons why data feeds can help to support innovation on the Ziliqa network. At the time of writing, according to CoinGecko, ZIL is trading at $0.016.
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