Gravita has made an announcement regarding the enhancement of its weETH data solution, transitioning from Redstone to the well-recognized Chainlink Price Feeds, an industry standard. This strategic decision is aimed at boosting security and dependability on their platform. The implementation is now active for Ether_fi’s weETH Vessels operating within Arbitrum, Ethereum, and LineaBuild.
Gravita Protocol shared on July 4, 2024:
️ We are thrilled to reveal the upgrade of our weETH data solution to Chainlink Price Feeds, the industry standard! This upgrade heightens security levels. The deployment is currently operational for Ether_fi’s weETH Vessels on Arbitrum, Ethereum, and LineaBuild. pic.twitter.com/rXq75b2JHJ — Gravita Protocol (@gravitaprotocol)
Improved Security and Dependability
Chainlink’s decentralized computing platform has a well-established reputation for delivering secure and precise market data. This upgrade is deemed essential for upholding the stability and security of GRAI, Gravita’s debt token and the core product of the platform.
This enhancement aligns with Gravita’s dedication to providing the most secure DeFi products. By embracing Chainlink’s proven infrastructure, Gravita solidifies its support for industry standards that prioritize security within the DeFi realm. This move showcases their unwavering commitment to furnishing users with the safest and most reliable decentralized financial products.
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