Amy Finance not too long ago introduced that Chainlink Value Feeds shall be built-in into Arbitrum to present merchants the most effective buying and selling expertise doable. Not solely that, however it can additionally guarantee strong cash safety.
Chainlink Value Feeds have demonstrated over time that they will ship safe and constant efficiency. Previously, it has delivered the very best high quality worth knowledge within the business and maintained excessive reliability throughout the extremely unstable 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 can nonetheless present the identical ranges of safety and reliability. Nevertheless, it should 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 move for liquidity suppliers by the single-asset staking whereas stopping non permanent losses and offering various revenue streams that aren’t out there wherever else. Amy Finance has partnered with swimming pools with heavy liquidity, similar to Wootrade and DODO, to give you the bottom pricing for margin buying and selling. The synergy of Arbitrum, Amy Finance, and Chainlink shall be big for the DeFi group, bringing unparalleled scale whereas protecting the decentralization intact. Amy Finance will use Chainlink Value Feeds to provoke liquidations for undercollateralized loans and leveraged positions primarily based on the newest international asset values.
About Amy Finance
Amy Finance is a Layer 2 lending protocol that’s LP pleasant and encourages truthful launch with none personal investor or presale. It aids customers in encashing excessive and secure yields.
Chainlink is the oracle community for supporting hybrid good contracts. Chainlink’s Decentralized Oracle Networks presents builders the large assortment of premium high quality knowledge sources together with the safe off-chain reckoning to reinforce the potential of good contracts on any blockchain.