Pundi X Adds Support for Chainlink Price Feeds
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Pundi X, a cryptocurrency project focused on simplifying spending digital assets, has announced it integrated the Chainlink Price Feeds, an oracle networks. According to a blog announcement, Pundi X will use Chanilink's technology for PUNDIX/USD pair in order to distribute platform rewards.

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"We selected Chainlink as our go-to oracle solution because it provides high-quality data using time-tested oracle infrastructure that’s proven to secure tens of billions of dollars for leading DeFi projects," Pundi X said.

Zac Cheah, Pundi X CEO and Co-Founder, says Chainlink "significantly enhances" the capabilities of the project's protocol. Cheah notes that with Chainlink users can now transact on the platform, knowing that they will earn "fair value rewards."

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Earlier in January, iHodl reported that stablecoin platform STASIS added support for Chainlink's oracle network to allow automated on-demand audits. According to the company, Chainlink's oracles are monitoring the off-chain fiat reserve balances and on-chain token supply of the STASIS EURS every 10 minutes.

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