Neutrino announces integration with Chainlink Neutrino, the l | DEFI WORLD

Neutrino announces integration with Chainlink

Neutrino, the leading DeFi protocol in the Waves ecosystem, is integrating Chainlink's Proof-of-Reserve oracle network to enable more convenient transfer of Neutrino protocol tokens between blockchains and improve the security of communications between Waves and Ethereum.

Neutrino is a protocol for issuing algorithmic stablecoins with staking capabilities. Last year, the USDN dollar stablecoin and NSBT governance token became available on the Ethereum and Binance Smart Chain networks. The Chainlink Proof-of-Reserve oracle network will ensure regular verification of the provisioning reserves of these tokens across various networks.