Protofire Receives Chainlink Community Grant

  • Protofire will use the grant to natively integrate Chainlink’s oracles into Celo.
  • Support for Chainlink Price Feeds will enable Celo developers to grow the network’s dApp ecosystem.
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According to a Chainlink blog post from 15 June, provider of blockchain development services Protofire has become the latest winner of the Chainlink Community Grant Program. Protofire will use the grant to natively integrate Chainlink oracles into Celo, a mobile-first blockchain platform. 

It will establish support for Chainlink Price Feeds—ready-made decentralized oracle networks that supply decentralized applications with high-quality financial market data. With direct access to Chainlink Price Feeds, Celo developers will be able to create DeFi applications dependent on global exchange rates, providing users with the ability to accept payments in various cryptocurrencies. Additionally, Chainlink’s decentralized oracle networks will also enhance the security of Celo’s stablecoins, facilitate the creation of new financial products, and verify the completion of external events. 

The Protofire team has contributed to the development of many blockchain projects, including Maker, 0x, Tezos, Gnosis, Kyber Network, The Graph, and Synthetix. They have also already received several community grants for native blockchain integrations for xDAI, Avalanche, and Plasm.

“Having already natively integrated Chainlink into several prominent blockchains, our highly experienced dev shop is excited to further expand Chainlink into Celo’s smart contract platform,” said Christian Malfesi, the Director of Engineering at Protofire. “This will empower Celo developers to build a global financial infrastructure that is connected to key external datasets and off-chain computations from Chainlink while supported by Celo’s blockchain technology that’s specifically optimized for mobile users.”

The Chainlink Foundation previously awarded the grant to the Stacks Foundation and ChainSafe.

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