ChainLink introduces a new pricing methodology for Dex Assets star-news.press/wp

ChainLink has announced a new pricing methodology specifically designed to provide reliable prices for cryptocurrencies and distinctive assets that are mainly traded on decentralized stock exchanges.

and advertisement ChainLink (Link) shares on August that the Stainlink chain targets assets that show limited trading volumes on the central stock exchanges, but it has strong liquidity.

The new solution, which can be accessed on the Mainnet ChainLink, allows data data features and data features, to assess the accuracy of the original prices, market flexibility, and liquidity. This was set for developers looking for more options and flexibility in the pricing of ONSAIN assets.

What is the country’s price?

The price of the asset condition indicates the price determined by the liquidity reserves in the liquidity complexes. This price is “always exists”, allowing the constant pricing of assets that are traded less frequently and providing resistance to flash loans attacks.

“The country’s price is similar to the average price of the request book (as long as the application book) is calculated based on the distinctive code reserves within the high -liquidity -liquid dex clusters,” Chainlink books.

Subsidized assets

Initially, ChainLink will support assets like Steth (WSTHTH) file, AAVE Stableco GHO, and Coinbase Bitcoin (CBBTC). The solution is expected to expand in the coming months to cover additional encryption assets, symbol, episode protocols, and DeX protocols.

The decentralized financing protocols that have the pricing of the AAV, Curve, Lido and GMX chain pricing.

“With the pricing of the state, Chainlink again appears to be committed to improving the constant pricing algorithms of assets, as well as the infrastructure for their delivery on the Onchain-which is what Aveal said to support a broader set of Dex’s assets, with high standards of security and reliability that the protocol is known.

The new feature adds to the current pricing methodologies in Chainlink, such as the average pricing of the output in the sound level and the presentation/pricing of liquidity. The developers can access the chainlink case pricing via data featured as the Oracle -based solution, or through data flows as an oracle -based pulling solution.