TRON has announced a strategic partnership with Chainlink to integrate Chainlink’s Data Feeds as the official oracle solution for the TRON ecosystem.
This move, announced by TRON’s founder Justin Sun on X, positions Chainlink as the exclusive provider of secure, accurate, and decentralized data feeds for the TRON network, which has a total locked value (TVL) exceeding $6.5 billion in decentralized finance (DeFi).
TRON, a prominent blockchain network, aims to leverage Chainlink’s trusted oracle network to enhance security and data reliability for its substantial DeFi assets and stablecoin ecosystem, collectively valued at over $60 billion.
Sun shared the announcement on social media, emphasizing how Chainlink’s data services will drive new growth in TRON’s ecosystem by enhancing the stability and accessibility of real-world assets (RWAs) within its blockchain network.
TRON DAO Joins Chainlink Scale Program, Phasing Out WINkLink
TRON DAO, which is responsible for the decentralization and governance of the TRON network, is joining the Chainlink Scale program as part of this integration.
By joining, TRON will fully phase out WINkLink, its previous oracle provider, in favor of Chainlink’s advanced data feeds, which offer higher reliability and security for DeFi applications.
Chainlink’s oracles will be used for pricing data on TRON’s main DeFi applications, JustLend and JustStable, which collectively hold over $6.5 billion in value.
This move aligns with TRON’s mission to create a decentralized internet by fostering secure, scalable, and sustainable DeFi solutions on its blockchain, further reinforcing TRON’s presence as one of the largest DeFi networks worldwide.
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Chainlink’s Support for TRON to Boost Developer Access and Ecosystem Growth
By integrating with Chainlink, TRON DAO expects a substantial boost in ecosystem growth through Chainlink’s reliable, real-time oracle services.
To make this sustainable for developers, TRON will initially cover some of the operational expenses related to Chainlink’s services, such as transaction gas fees, creating a more accessible development environment.
As TRON’s ecosystem grows, these costs will gradually shift to be supported by dApp user fees. According to Chainlink Labs’ Head of Blockchain Partnerships, Thodoris Karakostas, TRON’s adoption of Chainlink Data Feeds will equip developers to build advanced DeFi applications that further TRON’s goal of a fully decentralized internet.
This integration empowers developers with secure access to high-quality data, facilitating the growth of innovative DeFi projects on TRON.
The Leading Oracle Network Now Securing TRON’s DeFi Ecosystem
Chainlink, known for its unparalleled security and reliability, is the most widely used oracle in the blockchain space, securing over $16 trillion in transaction value and delivering more than 15 billion verified messages across various blockchains.
This integration positions Chainlink to extend its secure data infrastructure to TRON’s ecosystem, aiding the stablecoin and real-world asset landscape on TRON with resilient, accurate data feeds that maintain functionality even in volatile market conditions.
With this collaboration, Chainlink’s oracles will play a pivotal role in ensuring that TRON’s DeFi ecosystem remains one of the most secure and reliable in the industry, facilitating mass adoption of TRON’s blockchain applications and reinforcing its stance as a leader in the evolving DeFi market.