1. News
  2. News
  3. These 2 Popular Altcoins Signed a Giant Partnership: Joining Forces!

These 2 Popular Altcoins Signed a Giant Partnership: Joining Forces!

Bu 2 Popüler Altcoin Dev Ortaklığa İmza Attı: Güçler Birleşiyor!
Bu 2 Popüler Altcoin Dev Ortaklığa İmza Attı: Güçler Birleşiyor!
Share

Share This Post

or copy the link

TRON DAO announced a partnership with Chainlink . Chainlink’s industry-leading oracles will secure over $6.5 billion in total locked value (TVL) across TRON’s DeFi ecosystem. The partnership between the altcoin projects aims to accelerate the growth and adoption of DeFi on the TRON network.

As you follow from Kriptokoin.com, Chainlink makes a name for itself with its partnerships. Now it has partnered with a leading altcoin project. TRON DAO announced a strategic partnership with Chainlink, a leading decentralised computing platform. Justin Sun, the founder of the platform, announced that as part of the collaboration, Chainlink Data Feeds will act as the official oracle service provider in DAO’s Blockchain ecosystem as part of its commitment to the Chainlink SCALE programme.

According to the official report, this means that the foundation will no longer support WINkLink as the network’s oracle solution and will switch to Chainlink for secure and precise pricing data for the DeFi environment, which includes large applications such as JustLend and JustStable with a combined value of more than $6.5 billion. TRON DAO is one of the largest DeFi networks in the world. This autonomous organisation now aims to further accelerate ecosystem expansion with Chainlink SCALE. Sun also recently said that Tron memecoins are ready for a new cycle of growth, supported by continuous development and a high degree of community participation in the Tron network.

Chainlink has become the standard for Oracle solutions. It has secured over $16 trillion in transaction value. It has also transmitted over 15 billion verified messages across multiple Blockchain networks. This includes Ethereum, Solana, BNB Smart Chain, Avalanche, and others. The Data Streams also support tens of billions of TVLs for a wide range of DeFi protocols. It also ensures high security and availability even under extreme market stress and Blockchain congestion. According to Sun, this collaboration opens a new chapter for the future of decentralised finance on the TRON Network.

What will the partnership of altcoin projects bring?

Oracles are tools that provide external data to smart contracts on the Blockchain. They act as a bridge between real-world information and the Blockchain. This helps applications get the right data they need to function properly. By switching to Chainlink,Tron aims to increase the accuracy and reliability of the data used in the DeFi ecosystem. Tron DAO confirmed in an announcement that they will stop using WinkLink. The proponent expects this change to accelerate the growth and adoption of Tron’s DeFi ecosystem. With the help of Chainlink, it will be possible for developers to create even better applications.

As part of the integration, Tron will initially cover some operational costs. For example, it will pay for gas fees to help keep everything running smoothly. Over time, they plan to shift these costs to user fees for DApps. This strategy will allow the altcoin Tron to keep things affordable while expanding its services.

Follow us on Twitter, Facebook and Instagram, and join our Telegram and YouTube channelto stay up to date with breaking news !

These 2 Popular Altcoins Signed a Giant Partnership: Joining Forces!
Comment