Chainlink Expands Integrations with Coinbase-incubated Layer-2 Network Base
Chainlink has integrated its services with Base, a layer-2 network developed by Coinbase. This integration allows developers building on Base to access Chainlink Data Feeds and other web3 services. The partnership aims to provide developers with the tools they need to port existing applications to Base’s hyper-scalable layer-2 environment and explore novel use cases. Base, which launched its mainnet on August 9th, has received positive feedback and has seen over $212 million in total value bridged to its network. Additionally, the total value locked in the blockchain has surpassed $205 million in less than a week since the launch.
Key Points:
– Chainlink has expanded its integrations by partnering with Base, a layer-2 network developed by Coinbase.
– Developers building on Base can now access Chainlink Data Feeds and other web3 services.
– The partnership aims to facilitate the porting of existing applications to Base’s layer-2 environment and enable experimentation with new use cases.
– Base has received positive user engagement and has seen over $212 million in total value bridged to its network.
– The total value locked in the blockchain has surpassed $205 million since the mainnet launch.
Hot Take: Chainlink and Base Partnership Boosts Developer Capabilities on Layer-2 Blockchain
The integration between Chainlink and Base provides developers with enhanced capabilities on the layer-2 network. By leveraging Chainlink Data Feeds and other web3 services, developers can easily access reliable and secure price data solutions. This partnership not only enables the porting of existing applications to Base but also encourages the exploration of innovative use cases. With Base’s successful mainnet launch and positive user engagement, the collaboration with Chainlink further strengthens the network’s position in the crypto space. As more developers leverage these integrated services, we can expect to see continued growth and innovation on Base’s hyper-scalable layer-2 environment.
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