World Liberty Financial (WLF) aims to achieve its aim of launching the next wave of broad defi adoption through the security and dependability of Chainlink.
Chainlink to Power World Liberty Financial’s Defi Ecosystem
World Liberty Financial (WLF), a decentralized finance (defi) platform backed by Donald Trump has announced a strategic partnership with Chainlink, the standard for on-chain data and cross-chain interoperability. This collaboration aims to enhance the security, reliability, and interoperability of the WLF protocol, enabling it to scale and attract a wider user base.
In an announcement on Thursday, the partnership will be kicked off with Chainlink’s price feeds providing WLF with real-time, tamper-proof data. To power the platform’s debut, World Liberty Financial will use Chainlink oracles on the Ethereum mainnet, which are built on an Aave v3 instance.
Eric Trump, son of President-elect Trump and Web3 Ambassador at World Liberty Financial expressed his delight at the partnership. He said, “World Liberty Financial’s partnership with Chainlink marks a huge step forward. Never before have we been more bullish on crypto or the overall future of defi technology.”
By leveraging Chainlink’s oracle, WLF will ensure the safety and reliability of user funds, enable the development of new and innovative defi applications, and offer a user-friendly experience for both novice and experienced users.
“We’re excited to partner with WLF on their data, cross-chain, and all other oracle network needs. The Chainlink standard is already widely used across defi and will help WLF attract users that value the security and reliability that has already helped grow defi as an industry,” stated Sergey Nazarov, Chainlink Co-Founder.
World Liberty Financial is driven by President Trump’s goal of democratizing access to financial opportunities while preserving the U.S. dollar’s reputation around the world. By giving users access to third-party defi applications and information, the WLF protocol hopes to encourage the use of stablecoins based on the U.S. dollar and guarantee that the dollar continues to be the global reserve currency.
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