Chainlink and DeFi
summary
Chainlink describes concrete infrastructure: price feeds powering ~700 feeds on nine chains that secure over $50 billion for ~300 users, paid by per-request fees that fund more nodes and data providers. It runs proof of reserves to publish auditor-backed collateral for custodial tokens, a VRF product used to provably randomize NFT mints (Aviguchi, Mutant Ape examples), and keepers used by 50+ projects to automate liquidations and contract maintenance.
AI-written summary · about
chapters (9)
- 0:00Intro
- 0:51Society's Growing Need for Trust is What We Can Solve
- 3:38The Decentralized Infrastructure Continuum/Trade Off
- 6:12Decentralized Finance is based on Autonomous On-chain Services
- 8:23Decentralized Data Feeds Enable Decentralized Finance
- 10:02Cryptoeconomic Security Driven By Large Network Effects
- 12:50Existing Audits Can Benefit from Hybrid Smart Contracts
- 13:29Weather Data Enables Smart Contract Crop Insurance
- 15:30Chainlink Decentralized Services Provide Tools for Trust
related talks
32mDeFi Eats The World: The Projects Bringing DeFi To Global Users
31mPermissionless Participation in Global Decentralized Finance
25mDigitizing the Real World
26mThe Next Generation of Money Legos
32mDeFi: 2021 & Beyond
21mHow DeFi Builds (And Breaks) Itself
25mBridging the Gap Between DeFi and NFTs
01h 00mJudging Session 3
