Decentralized oracle network Chainlink (LINK) has integrated its Chainlink Price Feeds service into Moonbeam’s parachain.
The Chainlink team noted that the launch on Moonbeam will allow developers on Polkadot to access price information that is compiled and collected from various exchanges.
Specifically, oracles will allow DeFi developers to ensure price accuracy in their decentralized applications (DApps) built on Polkadot.