How Chainlink Keepers Can Bring DeFi to The Next Level

Chainlink is the biggest oracle provider

Figure 1: Illustration of bringing off-chain data onto the blockchain via Chainlink (Source: https://blog.oceanprotocol.com/bridging-blockchain-to-the-real-world-using-chainlink-afcf19cfbb73)

Chainlink Keepers offers automated execution in the smart contract world

DeFi welcomes Keepers with open arms

Figure 2: Synthetix uses Chainlink Keepers to distribute rewards to SNX stakers (Source: Chainlink)

The classification of Chainlink according to the ITC

Figure 3: The Chainlink Tokenbase entry (Source: https://itin.itsa.global/VNCM0FFY9)

References

The International Token Standardization Association (ITSA) e.V.

Remarks

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The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

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International Token Standardization Association

International Token Standardization Association

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

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