Balancer integrates with Chainlink
Balancer integrates with Chainlink Price Feeds on Arbitrum mainnet. By combining the industry-leading Web3 services platform, Balancer can now access high-quality, tamper-proof price feeds needed to help secure pricing for multiple staked ETH tokens. Specifically, Chainlink Price Feeds help provide robust price data for wstETH, rETH, and cbETH — a necessary component for building a composable stable pool purpose-built for large volume trades of staked ETH tokens. Balancer initial integration involves the use of the following Chainlink Price Feeds: wstETH/ETH rETH/ETH cbETH/ETH Balancer chose Chainlink as its go-to Oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of 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...