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Chainlink to Provide Oracle Solutions for Aave Protocol’s RWA Initiative

Chainlink to Provide Oracle Solutions for Aave Protocol’s RWA Initiative

Bitget2024/05/07 14:37
AAVE+4.96%LINK+1.64%

Golden Finance reported that Chainlink will provide Oracle solutions for the Aave protocol's RWA program, including working with Aave to develop custom data tables, provide an overall view of DeFi interest rates, support Aave V4's fuzzy control interest rate mechanism, and work with the Aave community to study Oracle solutions to achieve full automation of interest rate adjustments and dynamic adjustment of risk parameters. In addition, Aave plans to innovate RWA-based products around the protocol's stablecoin GHO.

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.
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