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Gravita Upgrades to Chainlink Price Feeds for Enhanced Security

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Gravita has introduced upgrading its weETH information resolution from Redstone to the industry-standard Chainlink Value Feeds. This strategic transfer goals to make sure better safety and reliability for his or her platform. The deployment is now reside for Ether_fi’s weETH Vessels throughout Arbitrum, Ethereum, and LineaBuild.

1/ 🛡️ We’re excited to announce that we upgraded our weETH information resolution from Redstone to the industry-standard @chainlink Value Feeds!

This improve ensures better safety. The deployment is reside for @Ether_fi’s weETH Vessels throughout @arbitrum, @ethereum, and @LineaBuild. pic.twitter.com/rXq75b2JHJ

— Gravita Protocol (@gravitaprotocol) July 4, 2024

Enhanced Safety and Reliability

Chainlink’s decentralized computing platform has a confirmed monitor document of offering safe and correct market information. This improve is essential for sustaining the soundness and safety of GRAI, Gravita’s debt token, the platform’s core product.

This improve aligns with Gravita’s dedication to supply probably the most safe DeFi merchandise. By adopting Chainlink’s battle-tested infrastructure, Gravita reinforces its advocacy for security-first {industry} requirements throughout the DeFi area. This step exemplifies their dedication to offering customers with probably the most safe and dependable decentralized monetary merchandise.

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