Chainlink to Provide Oracle Solutions for Aave Protocol’s RWA Initiative
Chainlink will provide an Oracle solution for Aave Protocol's RWA program, including collaborating with Aave to develop custom data tables, providing an overall view of DeFi rates, supporting Aave V4's fuzzy control rate mechanism, and working with the Aave community to research Oracle solutions for fully automated rate adjustments and dynamic adjustments of risk parameters. In addition, Aave plans to innovate products based on RWA around the stablecoin GHO protocol.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Shiba Inu Grows Stronger as a Community-Driven Cryptocurrency
Investor Turns $1.3K Into $12.45M in 16 Days Through Moo Deng Memecoin
BlackRock, Fidelity, and Ark Lead $1.1B Surge in Bitcoin ETF Investments
Shiba Inu Community Stays Strong Despite Market Challenges