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DeFi Protocol ETHA Lend Integrates Chainlink’s Gas Price Feed
Summary: ETHA Lend announce that they have successfully integrated the Chainlinks Fast Gas Price Feed on mainnet into their Yield Optimizer API. This integration gives ETHA Lend users a secure on-chain gas price, which is used by ETHA liquidity providers (LP) to build and execute algorithmically optimized yield strategies in a fully decentralized and highly available ...
ETHA Lend announce that they have successfully integrated the Chainlinks Fast Gas Price Feed on mainnet into their Yield Optimizer API. This integration gives ETHA Lend users a secure on-chain gas price, which is used by ETHA liquidity providers (LP) to build and execute algorithmically optimized yield strategies in a fully decentralized and highly available manner. The Chainlink-powered decentralized gas price oracle ensures that the yield optimizer discovery algorithm fetches current gas prices when calculating the best way to route and split LP-supplied assets across DeFi protocols (AAVE, dYdX, and Compound). In the current iteration, the yield optimizer calculation factors in the latest gas cost (fetched from Chainlink oracle), the volatility of the asset’s current and past yield (currently up to 30 days), and the amount of assets supplied to determine the optimal asset allocation. The volatility timeframe is configurable but will use the most recent data by default at launch.
