PancakeSwap integrates Chainlink Data Streams and Automation into Arbitrum, improving prediction markets with up-to-date and secure data.
This collaboration stands out for its ability to offer sub-second price resolution and advanced frontrunning protection.
PancakeSwap, one of the most popular decentralized exchange platforms, has just announced an integration with Chainlink Data Streams and Automation on the Arbitrum core network. This alliance is shaping up to be a breakthrough in the world of decentralized finance (DeFi), offering users access to up-to-date, high-frequency price data, essential functions for trading in the prediction markets to be launched on Arbitrum.
why did PancakeSwap choose Chainlink?
To understand the magnitude of this move, one must analyze why PancakeSwap chose Chainlink. This platform is known for its oracle solution with low latency and automation, which allows them to access fresh price and demand data at the beginning and end of each prediction round.
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