World Liberty Financial partners with Chainlink to enhance its DeFi platform’s security and scalability using Chainlink’s price feeds and oracles. Eric Trump expressed excitement about the collaboration’s potential for the future of DeFi.
World Liberty Financial Partners with Chainlink
World Liberty Financial (WLF), a decentralized finance (defi) platform that is supported by Donald Trump, has announced a strategic partnership with Chainlink, the industry standard for cross-chain interoperability and on-chain data.
The objective of this collaboration is to improve the security, reliability, and interoperability of the WLF protocol, thereby allowing it to expand and attract a broader user base.
WLF will receive real-time, tamper-proof data from Chainlink’s price channels as part of the partnership, which will commence with an announcement on Thursday.
In order to facilitate the platform’s launch, World Liberty Financial will implement Chainlink oracles on the Ethereum mainnet, which are constructed on an Aave v3 instance.
Eric Trump, the Web3 Ambassador at World Liberty Financial and the son of President-elect Trump, expressed his enthusiasm for the partnership. He stated, “The partnership between World Liberty Financial and Chainlink represents a significant advancement.” We have never been more optimistic about the prospects of defi technology or crypto.
WLF will guarantee the security and dependability of user funds, facilitate the creation of new and innovative defi applications, and provide a user-friendly experience for both neophyte and experienced users by utilizing Chainlink’s oracle.
“We are enthusiastic about the prospect of collaborating with WLF to address their data, cross-chain, and other Oracle network requirements.” Sergey Nazarov, Chainlink Co-Founder, stated that the Chainlink standard is already extensively used in defi and will assist WLF in attracting users who appreciate the security and reliability that have already contributed to the industry’s growth.
President Trump’s objective of democratizing access to financial opportunities while safeguarding the global reputation of the U.S. dollar is the driving force behind World Liberty Financial.
The WLF protocol aims to promote the use of stablecoins based on the U.S. dollar and ensure that the dollar remains the global reserve currency by providing users with access to third-party defi applications and information.
