Amy Finance just lately introduced that Chainlink Worth Feeds can be built-in into Arbitrum to present merchants one of the best buying and selling expertise attainable. Not solely that, however it would additionally guarantee sturdy cash safety.
Chainlink Worth Feeds have demonstrated over time that they’ll ship safe and constant efficiency. Prior to now, it has delivered the very best high quality worth information within the business and maintained excessive reliability through the extremely risky market and community congestion.
They’re sure that when Chainlink oracles go stay on the Arbitrum Rollup Testnet alongside energetic merger into the mainnet, it would 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 boost capital circulation for liquidity suppliers by means of the single-asset staking whereas stopping momentary losses and offering various earnings streams that aren’t accessible anyplace else. Amy Finance has partnered with swimming pools with heavy liquidity, reminiscent of Wootrade and DODO, to offer you the bottom pricing for margin buying and selling. The synergy of Arbitrum, Amy Finance, and Chainlink can be large for the DeFi group, bringing unparalleled scale whereas holding the decentralization intact. Amy Finance will use Chainlink Worth Feeds to provoke liquidations for undercollateralized loans and leveraged positions based mostly 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 non-public 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 gives builders the big assortment of premium high quality information sources together with the safe off-chain reckoning to reinforce the potential of sensible contracts on any blockchain.