Author Topic: Is chainlink a DeFi coin? (Read 6150 times)

Bobcrypto · « **Reply #45 on:** October 31, 2021, 10:45:45 AM »

Quote from: Crypto_Somrat on October 17, 2020, 05:24:22 AM

Chainlink is now the number 1 defi token thanks to coinmarketcap deciding its a defi token and adding it to the list,” analyst and speaker Jason Fernandes wryly tweeted on Monday. “Tune in next week when Binance coin becomes the second biggest defi token.

Yes, Link is a Defi token. Also certain numbers of tokens that are built on the etheruem networks are Defi tokens. DeFi tokens are the foundation of the decentralized ecosystem. They are used primarily in decentralized applications running on smart contracts for facilitating different transactions
LINK is built on Ethereum in accordance with the ERC-20 standard for tokens. It can be bought and sold for fiat currency or other digital currencies.

Altcoins Talks - Cryptocurrency Forum · « **Reply #45 on:** October 31, 2021, 10:45:45 AM »

Anak Mantu · « **Reply #46 on:** November 03, 2021, 01:10:22 PM »

Quote from: hair on October 17, 2020, 11:28:59 PM

ChainLink is a popular DeFi with the No. 1 position at the moment. there is no doubt to invest in ChainLink. I think ChainLink's price has increased.

Yes, chainlink is very popular and I see this coin is very potential.
I have bought several LINK and starting to hold until end of this year.
Hopefully we will get profit from this coin.

Altcoins Talks - Cryptocurrency Forum · « **Reply #46 on:** November 03, 2021, 01:10:22 PM »

Goldlife · « **Reply #47 on:** November 14, 2021, 08:37:06 AM »

Quote from: Crypto_Somrat on October 17, 2020, 05:24:22 AM

Chainlink is now the number 1 defi token thanks to coinmarketcap deciding its a defi token and adding it to the list,” analyst and speaker Jason Fernandes wryly tweeted on Monday. “Tune in next week when Binance coin becomes the second biggest defi token.

Chainlink an oracle platform that use to connect blockchain to outside data is called defi by some people because its services is used by top defi platforms today like YFI, AAVE, also Link can be use to staking and earn link as rewards so I think it can be considered as defi.

silkytakyaan86 · « **Reply #48 on:** December 09, 2021, 05:34:28 PM »

I will be say yes without any hesitation. because we all know.In today's Time, chain link is a number one DeFi project. it keeps on growing.

payback · « **Reply #49 on:** April 10, 2022, 12:07:45 AM »

MetaverseME is a fantastic project, in my opinion, because the virtual reality universe it provides is well-equipped and has a libertarian structure. I believe it is a metaverse project that will be much more successful with a few additions.

y0rg0 · « **Reply #50 on:** April 11, 2022, 03:58:28 PM »

Good day, everyone. The gamefi universe is expanding at a breakneck speed, and it's becoming increasingly impossible for me to keep up. The most recent project that caught my attention was Bitbrawl.

KryptoBull · « **Reply #51 on:** April 21, 2022, 03:47:42 AM »

DeFi projects need oracle service from ChainLink, we can consider LINK as an important token in DeFi. Apart from CEX and investment funds, the entire crypto market is DeFi, of course LINK is part of the DeFi market and trend.

MrSpasybo · « **Reply #52 on:** June 21, 2022, 01:47:27 AM »

LINK participates in trading pairs on DEX, it also participates in DeFi ecosystem through Oracle service so that Dapps have more timely quotes. For me, ChainLink is the leading project for the DeFi trend of 2021 and bullrun 2021. The price of LINK that has continuously increased during this period is the best proof.