ParamountDax New Token Listing: CHAINLINK

ParamountDax
2 min readNov 29, 2021

We are very happy to share with our user the second of many new token listings: the CHAINLINK token.

Founded in 2017, Chainlink is a blockchain abstraction layer that enables universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events and payment methods, providing the critical off-chain information needed by complex smart contracts to become the dominant form of digital agreement.

The Chainlink Network is driven by a large open-source community of data providers, node operators, smart contract developers, researchers, security auditors and more. The company focuses on ensuring that decentralized participation is guaranteed for all node operators and users looking to contribute to the network.

Chainlink is one of the first networks to allow the integration of off-chain data into smart contracts. With many trusted partners, Chainlink is one of the major players in the data processing field. Due to the integration of off-chain data, Chainlink has attracted the attention of numerous trusted data providers, including Brave New Coin, Alpha Vantage and Huobi. Data providers can sell access to data directly to Chainlink, thus monetizing the information they have.

The LINK/USDT pair is now tradeable on ParamountDax Exchange!

Keep following us because we have more of them coming soon, with other big updates in this Q4!

Best Wishes,

The ParamountDax Team

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ParamountDax

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