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Chainlink to Provide Oracle Solutions for Aave Protocol’s RWA Initiative

Chainlink to Provide Oracle Solutions for Aave Protocol’s RWA Initiative

CointimeCointime2024/05/07 14:49
By:Cointime

Chainlink will provide an Oracle solution for Aave Protocol's RWA program, including collaborating with Aave to develop custom data tables, providing an overall view of DeFi rates, supporting Aave V4's fuzzy control rate mechanism, and working with the Aave community to research Oracle solutions for fully automated rate adjustments and dynamic adjustments of risk parameters. In addition, Aave plans to innovate products based on RWA around the stablecoin GHO protocol.

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