Chainlink is the most well known decentralized blockchain oracle network built on Ethereum. It aims to facilitate the transfer of tamper-proof data from off-chain sources to on-chain smart contracts. It allows to evaluate whether the parameters of a smart contract are met in a manner independent from any of the contract’s stakeholders by connecting the contract directly to real-world data, events, payments, and other inputs.
Although a relatively new token, LINK was historically performing strong during the bear market while relatively weak during the bull. Traders often consider it a good asset in their portfolio due to this balancing aspect (NFA). Since the vital role of Chainlink in providing the means essential for Web 3, including iLINK as the 4th iAsset could be a great way forward.
Currently Chainlink is the actual oracle providing price feeds for iAssets in general, thus obtaining iLINK price feed from Chainlink should be OK. The main questions for the discussion and hopefully following poll would be whether we have sufficient number of interested users in the iLINK asset and whether this is a good timing for its introduction considering the potential available liquidity. Please bear in mind that iETH will come on 24th Dec. This Temp Check will last several days, then Poll, then voting, potential launch soonest in January.