ℹ️
The information provided in this article is for informational purposes only and does not constitute financial or investment advice. Always do your own research and consult a financial advisor before making investment decisions.
Views 21 Comments 0
Monad teams up with Chainlink for oracles before mainnet goes live!

Monad teams up with Chainlink for oracles before mainnet goes live!

Date: 2025-04-23 10:19:25 | By Rupert Langley

Boom! Monad and Chainlink Join Forces for Epic Mainnet Launch

Get Ready for a Game-Changing Partnership

Hang on to your hats, crypto fans! Monad, the lightning-fast EVM-compatible Layer 1 blockchain, just dropped a bombshell. They've teamed up with the oracle powerhouse Chainlink (LINK) to supercharge their upcoming mainnet launch. When the big day arrives, Monad developers will have instant access to Chainlink's entire arsenal of Web3 services, from Data Feeds and Data Streams to the mind-blowing Cross-Chain Interoperability Protocol (CCIP).

Unleashing the Power of Accurate Market Data

With Chainlink's Data Feeds and Data Streams in their back pocket, Monad developers will be able to tap into rock-solid, tamper-proof market data like asset prices and exchange rates. This means they can build DeFi apps that'll make your head spin, from lending platforms to DEXs that'll leave you breathless. And with Chainlink's CCIP, they'll be able to pull off secure, programmable cross-chain token transfers, laying the groundwork for mind-blowing interoperable dApps.

USDC and a $244 Million War Chest

But wait, there's more! Hot on the heels of this earth-shattering announcement, Monad revealed that USD Coin (USDC) will be ready to roll on their chain from day one of the mainnet launch. And with a staggering $244 million in funding led by Dragonfly and Paradigm, Monad is packing some serious firepower. This EVM-compatible L1 chain can handle over 10,000 transactions per second, boasts lightning-fast block times, dirt-cheap fees, and instant finality, all thanks to its revolutionary parallel execution model.

Testnet Launched with a Bang

On February 19th, Monad didn't just talk the talk, they walked the walk. They launched their testnet with a bang, complete with an ecosystem directory featuring over 50 apps, infrastructure providers, and integrations. Users and developers can dive in headfirst and explore, build, and test to their heart's content right out of the gate. Phantom, OKX, Uniswap Wallet, and Backpack users can connect in a flash, while others can jump in manually via the testnet website. And with a built-in faucet dishing out testnet MON tokens, interacting with Monad dApps has never been easier.

The Countdown to Mainnet Begins

Mark your calendars, crypto enthusiasts! Monad's mainnet launch is set to blow the roof off in the first quarter of 2025. The exact date is still under wraps, but one thing's for sure: when it drops, it's going to be a wild ride. Get ready for a blockchain revolution like you've never seen before!

Comments (0)

Please Log In to leave a comment.

×

Disclaimer

The information provided on HotFart is for general informational purposes only. All information on the site is provided in good faith, however we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of any information on the site.

×

Login

×

Register