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Unichain Taps Chainlink Standard to Accelerate Institutional DeFi Expansion - Crypto Economy
Unichain, the Layer-2 network powered by Uniswap, has announced its integration into the Chainlink Scale program, adopting Chainlink’s data standards. Through this collaboration, Unichain developers will gain access to accurate data feeds and the innovative Smart Value Recapture (SVR) tool, designed to optimize the efficiency of lending markets within the network.
The implementation of Chainlink SVR is a significant milestone, as it enables the recovery of Miner Extractable Value (MEV) during liquidations—capital that was previously captured by external bots. By joining Chainlink Scale, the Uniswap Foundation will subsidize the operational costs of oracles, providing developers with high-quality, low-cost services. This strengthens Unichain’s infrastructure, providing the robustness necessary to attract large-scale institutional capital.
This move completes the suite of Chainlink services on Unichain, following the previous adoption of the CCIP protocol. The next step involves the expansion of more secure and efficient lending markets, consolidating Unichain as a fundamental pillar in the future of decentralized finance.
**Source:**https://n9.cl/q9mj6
Disclaimer: Crypto Economy Flash News is compiled from official and public sources verified by our editorial team. Its purpose is to provide rapid information on relevant events within the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We always recommend verifying the official channels of each project before making related decisions.