Floki Inu (FLOKI) is gaining massive popularity this year. The coin is inspired by the founder and CEO of Tesla, Elon Musk.
Floki Inu (FLOKI) just made a public announcement via Twitter that Floki has integrated Chainlink in a strategic move to break into Defi.
In the tweet, Floki just covered the headline and has further shared the full article link posted on the medium.
#FLOKI integrates Chainlink in a strategic move to break into DeFi!
You can read the full announcement here:https://t.co/aJEitQVDwK
— Floki Inu (@RealFlokiInu) December 3, 2021
The team via its medium shared the following important details about the upgrade:
- Chainlink Price Feeds has been integrated on the ETH & BSC blockchains.
- The industry-leading Decentralized Oracle Network is being used for this purpose.
- This integration will give Floki access to high-quality, tamper-proof price feeds needed to read an accurate on-chain price, facilitating essential integrations that will help them bring DeFi to the masses.
- The initial integration involves the use of the following Chainlink Price Feed: FLOKI/USD.
Moreover, Floki has announced its strategic plan to break into DeFi saying:
“Part of our strategic plan for ensuring utility and wide appeal involves providing DeFi access to FLOKI users. This will be done through smart, strategic partnerships with key industry players as well as the eventual launch of our own DeFi products as we develop the FLOKI ecosystem.”