TRON DAO, one of the largest blockchain ecosystems, joined the Chainlink SCALE program, adopting Chainlink's Data Feeds to meet pricing data needs, replacing WINkLink as its oracle.
TRON's DeFi Ecosystem Seeks Stability and Security
The TRON network supports a robust DeFi ecosystem anchored by platforms like JustLend and JustStable, which rely on accurate pricing data for risk management and efficient operations. Chainlink provides secure and reliable data transmission, making it a natural choice for TRON.
Goals of Chainlink SCALE Program
The Chainlink SCALE program offers blockchain ecosystems access to industry-standard oracle services at sustainable costs. By joining SCALE, TRON DAO will cover certain operational expenses, such as transaction gas fees, which will be supported by dApp user fees over time, aiding developers.
TRON DAO’s Influence and Collaboration Prospects
TRON continues to expand its influence, showing significant quarterly revenues. In Q3 2024, TRON generated $577 million, with 74% from staking and 26% from token burning. Partnership with Chainlink is one of many recent advancements for the company.
The collaboration between TRON DAO and Chainlink strengthens both parties in the competitive crypto environment and promotes innovation in blockchain-based financial services.
