.liqwidfinance has integrated OracleCharli3 to benefit Cardano's reputation
The integration is significant for Cardano, Liqwid and Charli3, and the latter also prides itself as the first decentralized oracle on the Cardano mainnet. With the integration, Liqwid said it is using the Charli3 technology for calculations to create new loans, update collateral values and initiate liquidations for undercollateralized loans.
Liqwid Finance said it is confident in the price data being provided by Charli3 as compared to the centralized oracles that are largely prone to manipulation. According to Charli3 co-founder Damon Zwarich,"The integration work with Liqwid has been fantastic and professional. This process is the main reason we have CNT aggregation capability so quickly within our node network, due to the consistent work of our talented developers. This work together is exciting for future developments of Liqwid markets and new protocols.
The integration of Charli3 by Liqwid Finance is just one example; Cardano has numerous programs in view that are bound to enhance its overall outlook in the near future. While one of these innovations is its
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