RISQ protocol integrates chainlink price feeds to secure call and put options
RISQ protocol integrates chainlink price feeds to secure call and put options
[Press Release - Please Read Disclaimer]
RISQ-Protokoll integrates chainlink price feeds to secure call and put options on crypto
It has always been the vision of risq Protocol to become the largest trading platform for defi options and at the same time offer users precise prices that cannot be manipulated.
to achieve his goal, Risk Protocol is pleased to announce the integration of the price feeds of the industry leading decentralized Oracle network. Chainlink, on Binance Smart Chain (BSC) Mainnet.
Integration will enable RISQ Protocol to access the high-quality, manipulation-proof price feeds it needs to ensure a precise pricing of option spaces as well as profits and losses at the time of the option. Funishing or selling dealers to be able to enter into positions in relation to the price movement of assets or to protect their crypto stocks from price declines.
In order to ensure a high level of safety of its call and put option contracts, the RISQ protocol must get fresh wealth prices from various trading environments and deliver directly in the chain in an extremely reliable manner.
With Chainlink Risk Protocol, its services already offer several leading defi protocols, which are responsible for a smart contract in billions in billions and maintain robust security and high availability at any time, and considers it to be the perfect solution for its goal.
In the initial phase of integration, the RISQ protocol is used Chainlink Price Feeds for WBTC, BNB, ETH, BCH, LTC, Link, Comp, Cake, Uni, Yfi, AMZN, TSLA, PAXG and Googl. Thereafter, future updates will contain all couples that are covered by the US dollar and other feeds.
MACE MCLAIN, co-founder of RISQ Protocol, commented on the integration: "We chose" Chainlink because we wanted to use the most trustworthy Oracle network with access to several blockchains and most price feeds compared to other projects. "
about the RISQ protocol
RISQ Protocol offers decentralized risk and asset management deps, starting with the trade in defi options on option desk.
About Chainlink
chainlink is the industrial standard for the structure, access and sale of oracle services that are necessary to operate hybrid smart contracts on every blockchain. Chainlink Oracle networks offer intelligent contracts with a way to reliably connect to every external API and use secure off-chain calculations to enable functional applications. Chainlink is currently securing dozens of billions of dollars in defi, insurance, gaming and other important industries and offers global companies and leading data providers a universal gateway to all blockchains.