TRON DAO Integrates Chainlink Data Feeds to Enhance DeFi Ecosystem and Applications

TRON DAO announced its integration with Chainlink Data Feeds, promising to enhance availability and security in TRON's DeFi ecosystem and applications.

TRON DAO has announced its integration with Chainlink Data Feeds, a move promising to enhance availability and security in TRON’s DeFi ecosystem and applications.

The announcement was made by Justin Sun, Founder of TRON, Global Advisor of HTX, and Prime Minister of Liberland at the Chainlink SmartCon conference.

According to the press release shared with CryptoSlate, TRON will be joining the Chainlink Scale program, making Chainlink Data Feeds the official oracle solution for the TRON blockchain ecosystem.

The integration will see Chainlink’s industry-standard data oracles help secure JustLend and JustStable, the two largest DeFi applications on TRON, which together account for over $6.5 billion in Total Value Locked (TVL).

This will further enhance the ability to build TRON-based DeFi applications, accelerating the adoption of blockchain solutions, increasing the availability of blockchain applications to ordinary users, and improving the overall efficiency and security of the network.

Chainlink SmartCon is one of the world’s most important blockchain conferences, bringing together the world’s leading experts, financial institutions, and companies to present the best solutions in digital finance and blockchain infrastructure.

The conference, which began in 2019, has been attended by over 100,000 people to date, with this year’s event expected to attract even more attendees.

This year’s SmartCon will feature presentations from Chainlink Labs, Google Cloud, PayPal, NYDIG, and other Web3 leaders, showcasing the latest advances in decentralized oracle networks, blockchain infrastructure, and programmable money.

As previously reported, Chainlink announced the launch of Chainlink Scale at SmartCon 2022, a program designed to massively expand the capacity of Chainlink oracles to meet the surging demand for Web3 services.

The program will see Chainlink integrate with high-performance L1 and L2 networks, empowering developers to build scalable Web3 applications and ensuring that billions of people can seamlessly access the next generation of decentralized technologies.

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