By crypto.news | Created at 2024-11-14 14:23:48 | Updated at 2024-11-22 08:19:05
1 week ago
Trump-associated World Liberty Financial has selected Chainlink for data feeds integration to support Aave v3.
World Liberty Financial, the decentralized finance project associated with the Trump Organization, has chosen Chainlink (LINK) for data feed integration as part of its efforts to launch the protocol on Aave v3.
In a Nov. 14 press release, Chainlink said that the adoption of its infrastructure will start with the WLFI Protocol integrating Chainlink Price Feeds on Ethereum mainnet, which is still “subject to the WLFI Governance Platform approval process.”
“By adopting the Chainlink standard for offchain data and cross-chain connectivity, WLFI will have access to the market-leading onchain data and cross-chain interoperability infrastructure and ecosystem that has enabled over $16 trillion in transaction value.”
Chainlink
Chainlink to provide price feed data for World Liberty Financial
Once approved by the WLFI community, Chainlink Price Feeds will provide critical financial market data to support the planned Aave v3 launch, though the timeline for implementation remains unclear. Amid the news, WLFI price soared 9% to $0.000000000001811.
Eric Trump, web3 ambassador at World Liberty Financial, described the partnership as a “huge step forward,” adding that the team has never before been so bullish on crypto “or the overall future of defi technology.”
President-elect Donald Trump unveiled World Liberty Financial on Sept. 16, promising in an X post to “make America the crypto capital of the world.” WLF is marketed as a project that provides borrowing and lending services and aims to be more user-friendly and accessible compared to existing decentralized finance platforms.
