Chainlink （LINK） Data Streams have been integrated by Ostium on Arbitrum to provide reliable and consistent crypto feeds. This integration aims to improve user experience by enhancing transparency, security, and efficiency.
Points
- Chainlink Data Streams integrated into Ostium on Arbitrum for reliable crypto feeds.
- The integration enhances user experience through improved transparency, security, and efficiency.
- Chainlink’s frontrunning protection and risk management features are crucial for this integration.
- Ostium benefits from Chainlink’s robust security and high-quality data.
Chainlink （LINK） Data Streams have been integrated by Ostium on the Arbitrum network, providing reliable and consistent crypto feeds. Ostium’s co-founder highlights that this integration aims to improve user experience by making the platform more transparent, secure, and efficient. This move underscores Ostium’s commitment to delivering a superior experience for its users.
Chainlink Data Streams were chosen for their frontrunning protection, leveraging conflict of interest-free data sources and a commit-and-reveal architecture to protect traders and liquidity sources against information arbitrage and illegal price manipulation. Additionally, Chainlink’s improved risk management provides protocols with access to various data apart from price, further enhancing security and reliability.
The effectiveness of Chainlink’s time-tested infrastructure played a significant role in this decision. Chainlink has a proven track record of robust security, maximum reliability, and high-quality data, assisting leading Decentralized Finance （DeFi） applications in achieving over $12 trillion in on-chain transaction volume.
Ostium Labs co-founder Kaledora Kiernan-Linn commented on the milestone, emphasizing their commitment to delivering an exceptional user experience. Integrating Chainlink Data Streams into Ostium is a significant step towards this goal. Chainlink’s low-latency oracle solution enables users to access performant, secure, and high-frequency market data across Ostium’s digital asset offerings.
Despite the recent market downturn, LINK has shown resilience. Its native token was trading at $10 after surging by 20% in the last 24 hours. This surge was supported by significant buying from addresses holding 1 million to 10 million LINK, who embarked on a buying spree, controlling 19% of the supply.
解説
- Ostium’s integration with Chainlink Data Streams enhances user experience by providing reliable, transparent, and secure crypto feeds.
- Chainlink’s frontrunning protection and risk management features are crucial for maintaining market integrity.
- Chainlink’s robust security and high-quality data have contributed to the success of leading DeFi applications.
In conclusion, the integration of Chainlink Data Streams into Ostium on Arbitrum marks a significant advancement in providing reliable and efficient crypto feeds. This move enhances transparency, security, and user experience, reinforcing Ostium’s commitment to delivering top-notch services.