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- EtherScore became part of Chainlink BUILD to boost the security and functionality of its on-chain reputation system.
- Oku Trade has integrated Chainlink Automation to trigger limit orders on the Uniswap DEX.
The Chainlink platform has been making key partnerships in the crypto ecosystem while offering its Web3 services along with technical support. A number of platforms in the Web3 ecosystem have been integrating Chainlink Automation for different use cases.
Web3 reputation system EtherScore recently joined Chainlink BUILD in order to get access to Chainlink’s industry-leading Web3 services as well as technical support. EtherScore believes that this integration will help them boost the security and functionality of its on-chain reputation system.
Being part of BUILD, EtherScore will receive key benefits such as access and integration of Chainlink Functions to fetch data from any API. Besides, it will also get access to new Chainlink product alpha and beta releases. However, in return, EtherScore plans to make 5 percent of its native token supply available to Chainlink service providers.
🏗️ #ChainlinkBUILD 🏗️@EtherScore is joining Chainlink BUILD to gain enhanced access to Chainlink's industry-leading Web3 services and technical support, which helps enhance the security and functionality of its on-chain reputation system.
In return, EtherScore will make 5% of… pic.twitter.com/YmyY8ankM2
— Chainlink (@chainlink) July 11, 2023
EtherScore enables Web3 projects to generate NFT badges and soulbound tokens based on users’ on-chain activities. By utilizing EtherScore’s platform, developers can create innovative dApps such as DAOs, decentralized social networks, GameFi projects, and DeFi protocols. These applications offer unique functionalities, services, and incentives exclusively to selected on-chain communities.
Oku Trade Integrates Chainlink Automation
In the latest development, Uniswap V3-powered DeFi trading platform Oku Trade has integrated Chainlink Automation to trigger limit orders on the Uniswap decentralized exchange (DEX). Unlike traditional exchanges, Uniswap wasn’t supporting limit orders until now. However, Oku Trade makes it possible with the latest Chainlink integration.
Oku has introduced an active limit order feature that is available to both Oku traders and external users. This feature is made possible through Oku’s direct integration with Uniswap v3. It is worth noting that all limit orders are fully on-chain and non-custodial, ensuring a secure and decentralized trading experience.
.@okutrade, a trading platform built for @Uniswap, has integrated #Chainlink Automation on @arbitrum, #Ethereum, @optimismFND, and @0xPolygon to help trigger limit orders on Uniswap.
How Automation empowers devs to build advanced trading tools for users👇https://t.co/PGbxyWkm2g
— Chainlink (@chainlink) July 11, 2023
Oku Trade chose Chainlink Automation as its preferred automation service due to its unmatched reliability and reputation in the Web3 space. Chainlink’s battle-tested infrastructure ensures the execution of every limit order on Oku, using single-sided liquidity, with accuracy and on time. Furthermore, the integration of Chainlink Automation with Oku Trade will enhance the platform’s capabilities significantly.
With Oku, Uniswap users can effortlessly execute limit orders, giving them enhanced control and flexibility in their trading strategies. Unlike other platforms, Oku allows traders to actively participate as the counterparty to the limit order, eliminating the need for liquidity on both sides of the trade. This unique approach offers a distinctive trading experience for users.
TrekkiNFT Integrates Chainlink VRF
10,000-piece NFT collection TrekkiNFT will be integrating Chainlink Verifiable Random Function (VRF), on the Ethereum mainnet. By integrating with Chainlink VRF, TrekkiNFT gains access to a secure and verifiable source of random data. This enables the platform to allocate perks to Trekkers who stake their NFTs in a fair and transparent manner.
This way, TrekkiNFT will be able to offer a more exciting and transparent user experience. Trekki NFT is a collection of 10,000 unique dolphin-themed NFTs with different personas, travel backgrounds, and scarcity levels. It offers engaging gameplay mechanics for upgrading and evolving NFTs through in-platform orders, badges, and membership levels. Incubated by Trip.com, Trekki NFT provides users with exceptional travel experiences, including discounted flights, hotel bookings, and attraction tickets, for unforgettable adventures.
TrekkiNFT chose to use Chainlink VRF because it is based on advanced research, has a reliable network, and provides a secure way to generate and verify random numbers for smart contracts. This ensures that each random number used in TrekkiNFT is trustworthy and cannot be manipulated.
