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Polymarket Integrates Chainlink Oracles to Enhance Price Bet Resolutions
Polymarket Integrates Chainlink Oracles to Enhance Price Bet Resolutions
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BTCCSquare news:
Polymarket, a decentralized information markets platform, has integrated Chainlink's oracle technology on the Polygon network. The move aims to bolster tamper-resistant and automated resolution of price-focused bets, a critical step as the platform eyes expansion in the U.S. market.
Chainlink's oracles provide reliable external data to smart contracts, ensuring accurate bet settlements. By leveraging Chainlink's tamper-proof price feeds, Polymarket mitigates manipulation risks and strengthens user trust. This integration aligns with the platform's strategy to navigate the U.S. regulatory landscape, where transparency and accuracy are paramount.
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