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Vandana Malik
Jun 5, 2020
by Vandana Malik

AVA Labs Announces Integration of Price/Data Oracles from ChainLink

AVA Labs
AVA Labs which makes it simple to launch finance applications with the help of blockchain technology has integrated both Price and Data oracles of ChainLink. This has been recently announced by the firm and through this integration they will be strengthening the future of all the decentralised finance applications. Along with this, it will also focus on migrating traditional financial assets. The firm has also specified that they have integrated with ChainLink due to its secured, reliable and trusted technology.

ChainLink’s DeFi price feeds to be available on AVA Labs

In this announcement, it has been assured that more than 30 DeFi price feeds that will be related to different asset classes will be available on AVA Labs. It will include assets like fiat currencies, cryptocurrencies, commodities and many others.

All the developers of AVA create secure applications which are both reliable and powerful. Along with this, they also create various custom blockchain networks. It is there to provide you with control over the different layers of network and application. Now after this integration, these developers will have more tool so that they will be able to enhance and expand their work area. Through this, they will be able to onboard the traditional assets to its platform.

Less development time to build DeFi applications

With the hell of price and data oracles of ChainLink, AVA Labs developers will be taking a very less development time to build up the DeFi applications. Both firms will be able to see the next-generation of DeFi assets. AVA is all set to launch in the next few months as currently there is only Testnet available. It has also been seen that with the launch of Testnet, there are more than 500 participants of the network. The firm aims towards an easy adoption of the network that will help to build amazing finance applications.

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    AVA Labs Announces Integration of Price/Data Oracles from ChainLink
    Vandana Malik
    Vandana has received Master of Arts degree in English from GEU Dehradun. She is currently working as a content writer with Agio Support Solutions and earlier worked as a sub-news editor at Business News and Information Services Private Limited. She is an enthusiastic content writer and aims to bring a compelling yet informative content to the audience. Meanwhile, enhancing her own knowledge in the cryptocurrency and blockchain industry.

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