Millions of USD worth of LINK have been purchased by key major wallets within just few days
Chainlink has spread the word about a major decentralized exchange ,Price Feeds on Arbitrum mainnet. These will help Balancer to ensure secured pricing for the large amount of ETH staked on it.
Chainlink Feeds can provide price data for various tokens that represent staked Ethereum: wstETH, rETH and cbETH . Without these feeds, building a composable stable pool for trades of large volumes of staked Ethereum becomes a hard job.has already been involved in providing security to various major DeFi protocols, which work with billions of USD in smart contract value, protecting them from exchange downtime, flash crash data, manipulation attacks, etc.
As staking has become more popular recently, Balancer decided to provide extra security to its DeFi protocols.
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