TRON DAO Announced Its Integration with Chainlink

Published: November 7, 2024|Last updated: November 7, 2024

TRON DAO announced its integration with Chainlink
TRON has over 270 million accounts and Chainlink is a leading Oracle provider
This should expand the availability and security of the TRON DeFi ecosystem and applications

TRON DAO announced its integration with Chainlink Data Feeds, promising to enhance availability and security in TRON's DeFi ecosystem and applications.

The announcement was made by Justin Sun, Founder of TRON, Global Advisor of HTX, and Prime Minister of Liberland at the Chainlink SmartCon conference.

TRON and Chainlink Integration Details

Chainlink SmartCon is one of the world's most important blockchain conferences that brings together the world's leading experts, financial institutions, and companies to present the best solutions in digital finance and blockchain infrastructure.

One of the key news we got from there is that one of the largest blockchain networks TRON with 270 million accounts and 8.8 billion transactions is going to integrate with the largest Oracle provider. Namely, Chainlink Data Feeds will become the official Oracle solution for the TRON blockchain ecosystem as part of TRON DAO joining the Chainlink Scale program.

As Justin Sun clarified:

"Chainlink’s industry-standard data oracles will help secure JustLend and JustStable—the two largest DeFi applications on TRON, representing over 6.5 billion in Total Value Locked (TVL)"

This will enhance the ability to build TRON-based DeFi applications, accelerate the adoption of blockchain solutions, increase the availability of blockchain applications to ordinary users, and improve the overall efficiency and security of the network.

Conclusion

This is a very big merger, and integrating one of the largest blockchain networks with the leading major Oracle provider is a big win for the entire Web3.

Of course, it remains to be seen how this integration will actually be realized, but beyond any doubt, this has huge potential and infrastructural value.

We'll be watching for updates, stay tuned.

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