Interest Protocol partners with Chainlink Labs to bring more security to DeFi lending

Interest Protocol partners with Chainlink Labs to bring more security to DeFi lending

Interest Protocol has entered into a strategic partnership with Chainlink Labs to increase the security of its platform

The lending protocol will receive strategic advice from the company and integrate two new Chainlink features that are set to create a more robust and efficient user experience.

Chainlink’s expertise is coming to Interest Protocol
Launched in June 2022, Interest Protocol (IP) is one of the youngest lending platforms on the market. The platform has already integrated Chainlink Price Feeds, which enabled the platform to mark-to-market the collateral posted by its users with tamper-proof price data.

Aside from receiving strategic advice from Chainlink Labs, the partnership will enable IP to integrate both Chainlink Keepers and Chainlink Proof of Reserve (PoR).

 

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