The move comes as excitement for Nyan Heroes’ developing roadmap continues to grow.
Nyan Heroes NFT Marketplace Given Chainlink Boost
Nyan Heroes has officially announced that it has integrated Chainlink Price Feeds, which will allow access to high-quality, decentralised price data.
This latest move will mean the user experience on their NFT Marketplace will be optimised, as users navigate NFT trading and enjoy the game, they can now do so safe in the knowledge that the price data is backed by industry leading Chainlink.
“We chose Chainlink because it is the most widely used and time-tested decentralized oracle network.” The Nyan team revealed on their official Medium page on December 21. “Chainlink Price Feeds have alreadyhelped secure $75B+ in value for leading DeFi protocols across the multi-chain ecosystem. For the purposes of building a high-quality NFT marketplace for Nyan Heroes users, Chainlink Price Feeds will enable user-friendly price conversions in our dashboard display.”
The move is hugely important as Nyan Heroes anticipate huge numbers of users as they work toward game release, and need to be able to rely on the fact that price feeds will not be open to manipulation and are completely secure for their user base.
This latest development is likely to only further intensify the growing confidence around the project which has already attracted substantial funding.
In identifying the reasons for utilizing Chainlink Price Feeds, Nyan Heroes were categorical about the key reasons:
High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by volume, and cleaned from outliers and suspicious volumes. Their data aggregation model generates more precise global market prices that are resistant to API downtime, flash crash outliers, and data manipulation attacks like flash loans.
Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises with a strong track record for reliability, even during high gas prices and extreme network congestion.
Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either a data provider or the oracle network.
Transparency — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.
Source: Solana News
