Decentralized lending protocol Aave will implement a Chainlink oracle-based reserve proof system.
The system will work to protect assets issued across bridges on Avalanche.
“Using Chainlink’s Proof-of-Reserves system, Aave will be able to ensure that intermediate assets accepted on the platform are fully secured before allowing users to borrow against them,” said Max Melcher of Chainlink Labs.
Holpop News
Holpop News
Aave integrates Chainlink oracle-based reserve proof system
posted on December 23, 2022 by holpop in Blockchain
