INK, A Layer-2 blockchain backed by Kraken, is building out its oracle infrastructure by announcing Chainlink will be the network’s primary oracle provider. This marks an important step forward in the continued development of secure decentralized finance infrastructure throughout the ecosystem. This upgrade is made possible via Ink’s involvement in Chainlink Scale, an initiative created to provide low-cost access to enterprise-grade oracle delivery services for blockchain ecosystems. The announcement attracted rapid notice in the DeFi space, as oracle infrastructure is one of the most crucial layers supporting decentralized applications. This also means every lending platform, derivatives exchange, perpetual market and
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