The Solster team is pleased to share with our community the start of an ongoing integration of Chainlink to support the growth of our ecosystem.
Solster plans to begin by integrating Chainlink Price Feeds to supply our platform with secure, reliable, and high-quality pricing data, starting with the SOL/USDC and STR/SOL trading pairs to determine the real-time value of our native token. Chainlink Price Feeds will also be displayed in our dApp as the main header ticker.
We selected Chainlink because it has demonstrated beyond any doubt that it is the best decentralized oracle solution in the industry, providing smart contracts with secure, low-cost, and high-quality decentralized services needed to support advanced blockchain applications. Chainlink oracle solutions are critical to the Solster team, aligning with our number one commitment of creating the most transparent and trustworthy DeFi launchpad. We look forward to other possible Chainlink integrations in the future and the benefits they will provide for our community.
Solana is a high-performance, low-cost blockchain network that enables developers to build scalable smart contract applications that operate on a global scale. Developers can leverage Chainlink Price Feeds natively on Solana for decentralized, fast-updating price reference data with wide market coverage to securely build a variety of hybrid smart contract applications in DeFi.
The addition of Chainlink Price Feeds will give developers access to the most proven decentralized oracle solution, which is pre-built and time-tested in production to secure high-value operations. Importantly, Chainlink’s Solana deployment has no dependencies on external blockchain networks, meaning oracle updates will occur at the native speed and costs of the Solana network while still delivering premium data quality, high uptime, and strong tamper-resistance, all of which developers have come to appreciate from Chainlink.