Floki Integrates, Chainlink Keepers And Price Feeds To Help Power FlokiFi Locker Protocol

Welcome gamers and crypto lovers, Avaxholic is happy to share Floki Integrates, Chainlink Keepers And Price Feeds To Help Power FlokiFi Locker Protocol. So let explore it in today’s article!

On Monday, August 15th, Floki made the announcement that Chainlink Keepers had been integrated into its FlokiFi Locker, a token locking technology, on both the BNB Chain and Ethereum mainnets. The team highlighted how it can safely and effectively automate the token locking process by utilizing the decentralized smart contract automation service.

Let’s talk about two of their services that are integrated in the FlokiFi locker.

Chainlink Keepers is a decentralized service that manages tasks on behalf of smart contract. FlokiFi Locker of course uses these programs. When users deposit tokens and ask to have them locked. Keepers aid in the program’s process automation. This improves productivity and avoids the risky usage of centralized solutions with a single point of failure. Decentralization and security are obviously important to Floki, since their solutions have shown to be resilient to downtime, flash crashes, and data manipulation.

Chainlink Price Feeds has been integrated into the Ethereum and BNB Chain mainnets and has been made available on additional chains like Avalanche, Fantom, and Polygon. This make it possible for the FlokiFi Locker to display token prices for over 500 assets. FlokiFi Locker can provide precise, trustworthy, and decentralized pricing data on the protocol thanks to Chainlink Price Feeds.

About Floki

Floki is a true community project that aims to become a full DAO which began with a tweet from Elon Musk. After Dogecoin and Shiba Inu, Floki is presently the third most popular meme token available. Floki’s core vision is to build a school in every underdeveloped nation of the world.

Community

Website: http://linktr.ee/Floki_Inu

Twitter: https://twitter.com/RealFlokiInu

Discord: http://discord.gg/Floki

Telegram: http://t.me/flokiupdates

Chainlink (LINK) is a cryptocurrency and technology platform that enables non-blockchain enterprises to securely connect with blockchain platforms. Chainlink is known as a decentralized oracle network or blockchain abstraction layer. The Chainlink blockchain is hosted on the Ethereum platform, which uses the proof of work operating protocol.

Community

Website: https://chain.link/

Twitter: https://twitter.com/chainlink

Discord: https://t.co/WKIa5M8CGU

Telegram: https://t.me/chainlinkofficial

Conclusion

That is it for today. See you next time.

All information here is for reference only, not investment advice. Hopefully, the information that Avaxholic has gathered in the article will be useful to you.

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