We’re excited to announce that Kattana — The one-stop trading terminal for decentralized exchanges — has integrated Chainlink Price Feeds. By integrating Chainlink’s industry-leading decentralized oracle network, Kattana has access to high-quality, tamper-proof price feeds needed to recalculate the price of the tokens traded on Uniswap in the ETH pair to dollars
This will provide our users with strong assurances that the prices of tokens traded for ETH will be recalculated to the dollar with great accuracy. In addition to this, Kattana will be using Keepers: a decentralized service that uses low-cost, verifiable off-chain computation to automate on-chain processes when predefined conditions are met.
Our initial integration involves the use of the following Chainlink Price Feeds: ETH/USD. We chose Chainlink as our go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already secures leading DeFi protocols responsible for billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.
Kattana is a cutting-edge trading terminal that allows traders to access cutting-edge DeFi and DeFi tools. In addition, our platform introduces professional tools and charts into the DeFi space, giving users of our platform an advantage during trading and allowing them to unleash their full potential.
In order to secure the maximal quality for the charts of token to the dollar, access to fresh asset prices that are supplied directly on-chain in a highly reliable manner is a must. Fair market asset prices should reflect a volume-weighted average from all trading environments, so we need to make use of an oracle to fetch aggregated price data off-chain and deliver it on-chain to be consumed by our application.
After reviewing various oracle s...