Chainlink Powers Kamino Finance with Real-Time Data Streams

Kamino Finance has announced The successful integration of Chain link Data flows In his oracle system. This upgrade marks an important milestone for the Solana -based protocol, aimed at stimulating data reliability, guaranteeing the robustness of the protocol and lowering the risks for users.

Improving the reliability of the data with Chainlink

Kamino Finance emphasized that integration KettingLink -Data flows is part of a systematic effort to eliminate weaknesses in his technical stack. By entering the ultra -reliable data feeds from Chainlink, Kamino wants to ensure that its users receive real -time, accurate prices without disturbance.

According to Kamino, the integration was not in a hurry. Chainlink -data flows ran a few weeks before the complete rollout in Kamino’s Mainstet testing environment. During this period, Chainlink’s performance was measured at the existing price fairs of Kamino. The results consistently showed stronger reliability and fresher data, giving Kamino the confidence to move forward.

Kamino Finance emphasized that building a resilience Defi Protocol requires “the removal of some failure points at every level” and chain link, with its reputation for reliability, fits in naturally in this purpose.

Kamino is worthwhile, is a leading Defi -credit protocol on Solana with over $ 2.3 billion locked in total

Launch of the Multi-Price Oracle System from Kamino

In addition to the chain link integration, Kamino introduced an important upgrade to its Oracle architecture: the Multi-Price Oracle System.

This system collects the price data of several high-quality Oracle sources, including Chainlink, and continuously verifies the data in real time. Instead of trusting a single source for price information, the Kamino system dynamically selects the freshest and most accurate available price.

This is why this change matters:

• Dismissal: If one data provider fails or remains, another can take over immediately.
• Accuracy: Prices are validated against multiple sources, reducing errors.
• Resistance: The system can “self -genes” during downtime or extreme market volatility.

Kamino reported that before the implementation the Multi-Price Oracle system was rigorously checked by Certora and Offset Labs, two familiar security companies in the blockchain sector.

The integration of the chain link data flows reduces the chance of price food manipulation or downtime, two risks that historical Defi protocols have plagued. In the meantime, the Multi-Price Oracle system ensures that users are protected against Oracle disturbances, offering a double layer of security.

The recent updates from Chainlink

Kamino’s Zet is another sign of The growing influence of Chainlink About the blockchain industry. Only a few weeks ago, Hedera network Also integratedChainlink’s Cross-Chain Interoperability Protocol (CCIP)Unlocking seamless communication with more than 46 other block chains.

The launch of CCIP on Hedera is seen as a turning point, so that Hedera -based applications work outside their native chain. Developers can now activate smart contracts via CCIP, transfer tokens and safely send messages over multiple block chains. This greatly expands access to liquidity and strengthens the position of Hedera in the Decentralized Financial Space (Defi).

One of the most innovative functions of CCIP is the Cross-chain token (CCT) standard. With CCT, developers can make tokens that remain interoperable in supported block chains without endangering ownership or security. By integrating such tools, ecosystems such as Hedera and Kamino not only improve their platforms, but prepare for a future future.

Another important project, Libre CapitalIntegrated Chainlink’s CCIP and Reserve Reserve to make tokenization of Real-World assets such as hedge funds and private credit instruments possible. Libre now provides tokenized funds supported by real-time, verified data with Net Asset Value (NAV) followed using Chainlink’s Noverlink.

For example, New from Chainlink Payment abstraction System, now live on Ethereum, allows users to pay for Chainlink services with different tokens – not just link. This upgrade simplifies the payment processes for developers and automatically converts user payments to Link via decentralized trade fairs such as Uniswap. It is an important step towards improving the overall user experience in blockchain applications.