Chainlink’s price feeds have been integrated into zkSync Era, a layer-2 network backed by Matter Labs. This integration was made possible through the Oracle blockchain’s SCALE program, which enables access to Chainlink’s price feeds for layer 1 and 2 networks. Chainlink’s price feed is a crucial tool that connects smart contracts with real-world data, such as asset prices. It ensures reliable data delivery by gathering information from various sources through a decentralized network of independent node operators.

The integration of Chainlink’s price feeds into zkSync Era will provide developers within the layer-2 network’s ecosystem with enhanced access to high-quality Oracle data. This will help reduce the gas fees incurred by Chainlink nodes when submitting Oracle reports for Data Feeds on zkSync Era. Marco Cora, Senior VP at Matter Labs, emphasized the importance of Chainlink Price Feeds as critical infrastructure that benefits both developers and users.

Additionally, Chainlink recently reached full capacity for staking in its V0.2 version. Over 19 million additional LINK tokens were staked within 7 hours of the staking platform opening to the general public. The pool remains filled as no existing staker has withdrawn their assets.

zkSync Era is a popular Ethereum layer-2 scaling solution, with over $500 million worth of digital assets locked on the network. This integration with Chainlink’s price feeds will further enhance the capabilities of zkSync Era and support the smooth operation of various DeFi applications, including lending and borrowing protocols.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	very positive
Relevance Score	1
People	None
Companies	Matter Labs, zkSync, L2beat, X, Chainlink Labs
Currencies	None
Securities	None