Matic becomes the first outside Ethereum to launch native Chainlink feeds
Matic Network, a smart-contract platform acting as both a layer one and layer two for Ethereum, announced on Thursday the full launch of five Chainlink price feeds that are set to power its ecosystem. Chainlink’s Verifiable Randomness Function is set to be integrated soon as well, which would allow Matic app developers to build provably fair chance games or other integrations.
The team said that the integration will be crucial for decentralized finance developers wishing to build on Matic, pointing to several projects, such as EasyFi and PlotX, that already committed to using Chainlink oracles. Sandeep Nailwal, co-founder of Matic Network, told Cointelegraph that Matic’s hybrid approach is already generating interest, despite many being critical of Plasma as a solution for smart-contract scaling: He argued that the flexibility of Matic, letting developers choose between Plasma and proof-of-stake, can entice different types of developers.