Volare Finance integrates Chainlink Price Feeds to help secure options trading. By integrating the industry-leading decentralized oracle network, Volare Finance now has access to high-quality, tamper-proof price feeds needed to help foster DeFi crypto options trading by providing trading tools that professional options traders use.
This provides its users with stronger assurances that Volare Finance eliminates the credit risk issues related to option trading in the over-the-counter (OTC) market in the conventional financial world by providing traders with fair and accurate market prices. Volare’s initial integration involves the use of the following Chainlink Price Feeds: USDC-USD BTC-USD ETH-USD AVAX-USD They chose Chainlink as its go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols. Responsible for tens of billions of dollars in smart contract value. It also maintains robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans. Volare Finance Mechanism The Volare mechanism stimulates trading in DeFi crypto options while providing experienced options traders with important information. It is id...