TRON Joins Chainlink to Secure JustLend and JustStable DeFi

Bittime - TRON Joins Chainlink to Secure JustLend and JustStable DeFi. TRON, one of the world's largest DeFi networks, has just announced a strategic partnership with Chainlink in an effort to improve data security and reliability in its ecosystem.

Through the Chainlink Scale program, TRON DAO will use Chainlink Data Feeds as the official oracle solution for its blockchain platform, securing the largest DeFi applications on the TRON network, namely JustLend and JustStable.

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This move marks TRON's transition from the WINkLink oracle platform to Chainlink, which is recognized as the most adopted oracle platform in the blockchain industry.

Why Chainlink was chosen by TRON?

This partnership is seen as a major step for TRON to support the growth of its ecosystem by ensuring accurate, secure and decentralized on-chain data.

Chainlink Data Feeds provide highly reliable price data and are able to withstand market volatility and network congestion without compromising security.

With Chainlink as its primary oracle, TRON ensures its DeFi ecosystem, which has more than $6.5 billion in total value locked (TVL), is supported by an oracle with high security standards.

Impact on TRON's DeFi Ecosystem

By adopting Chainlink, TRON strengthens its DeFi infrastructure for JustLend and JustStable applications. These two platforms manage the majority of DeFi transactions on the TRON network.

Chainlink Scale will provide high-quality oracle access at TRON's expense for a period of time, before the costs are shifted to dApp users as the ecosystem develops further.

This step makes it easier for developers and encourages them to create more secure and reliable DeFi applications on the TRON network.

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Advantages of Chainlink Data Feeds: Successfully Processed 15 Billion Messages

Chainlink has successfully supported more than $16 trillion (IDR252.8 trillion) in transactions and sent more than 15 billion verified messages on the blockchain network.

Chainlink Data Feeds supports tens of billions of dollars in TVL for hundreds of DeFi protocols, including JustLend and JustStable in TRON, while maintaining stability and high availability even under extreme market conditions.

Long-term Impact on the TRON Ecosystem

This partnership not only adds to the security and reliability of data in TRON, but also accelerates the adoption of DeFi within its ecosystem.

The Chainlink Scale program enables developers to build next-generation DeFi applications on TRON with trusted oracle access.

In addition, since December 2021, TRON has become a fully decentralized DAO, with the support of an ever-growing global community.

This integration also reflects TRON's vision of accelerating the decentralization of the internet through blockchain innovation.

Conclusion

With TRON joining Chainlink Scale, the security of DeFi applications such as JustLend and JustStable is further strengthened.

Access to accurate and decentralized data from Chainlink Data Feeds will be an important foundation for the development of TRON's DeFi ecosystem.

In addition to securing billions of transactions, this collaboration also opens up new opportunities for developers to build innovative and trusted blockchain-based applications.

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