2024

DeFi

Gravita Protocol

Security

Chainlink

<p>Gravita has announced upgrading its weETH data solution from Redstone to the industry-standard <a href="https://blockchainreporter.net/price-prediction/chainlink/">Chainlink</a> Price Feeds. This strategic move aims to ensure greater security and reliability for their platform. The deployment is now live for Ether_fi’s weETH Vessels across Arbitrum, <a href="https://ethereum.org/en/" target="_blank" rel="noopener">Ethereum</a>, and LineaBuild.</p> 
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   <p lang="en" dir="ltr">1/ 🛡️ We’re excited to announce that we upgraded our weETH data solution from Redstone to the industry-standard <a href="https://twitter.com/chainlink?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@chainlink</a> Price Feeds!<br><br>This upgrade ensures greater security. The deployment is live for <a href="https://twitter.com/ether_fi?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@Ether_fi</a>’s weETH Vessels across <a href="https://twitter.com/arbitrum?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@arbitrum</a>, <a href="https://twitter.com/ethereum?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@ethereum</a>, and <a href="https://twitter.com/LineaBuild?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@LineaBuild</a>. <a href="https://t.co/rXq75b2JHJ" target="_blank">pic.twitter.com/rXq75b2JHJ</a></p>— Gravita Protocol (@gravitaprotocol) <a href="https://twitter.com/gravitaprotocol/status/1808893594729918709?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 4, 2024</a>
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<h2 class="wp-block-heading" id="enhanced-security-and-reliability">Enhanced Security and Reliability</h2> 
<p>Chainlink’s decentralized computing platform has a proven track record of providing secure and accurate market data. This upgrade is crucial for maintaining the stability and security of GRAI, Gravita’s debt token, the platform’s core product.</p> 
<p>This upgrade aligns with Gravita’s commitment to offer the most secure DeFi products. By adopting Chainlink’s battle-tested infrastructure, Gravita reinforces its advocacy for security-first industry standards across the DeFi space. This step exemplifies their dedication to providing users with the most secure and reliable decentralized financial products.</p>

Gravita Upgrades to Chainlink Price Feeds for Enhanced Security

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BlockchainReporter

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