Fluid Selects Chainlink Standard to Further Support Trusted Online Marketplaces

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Bitpush
05-21
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Author: Chainlink Oracle

Fluid is a decentralized lending protocol and decentralized exchange with a market size exceeding $1.8 billion. It has adopted Chainlink CCIP and Cross-Chain Token (CCT) Standard to achieve highly secure transfers of its FLUID token between Arbitrum, Base, and Ethereum.
After a highly competitive bridging solution selection process, the Fluid community chose Chainlink CCIP through community governance voting. The final choice of CCIP was because it did not introduce additional security assumptions based on Chainlink's existing protocol usage.
Fluid also utilizes Chainlink Price Feeds to provide tamper-proof market data for the FLUID token on Arbitrum, Base, Ethereum, and Polygon to support a reliable market.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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