Agaric Smart Contract Development Platform integrated Chainline Oracles

The Agoric platform has announced the integration of data from the Chainlink decentralized oracle network. The integration is already working in the Agoric test network, and the main network is scheduled to launch in 2021.

Agoric allows developers to create smart contracts in JavaScript — one of the most popular programming languages in the world. Integrating Chainlink into Agoric potentially opens up a lot of new opportunities for DeFi developers.

Thanks to the fact that Chainlink provides pricing data and other information, developers can use Agoric to combine DeFi projects. DeFi and other applications on the blockchain are usually developed in internal programming languages — for example, Solidity for Ethereum and compatible blockchains. The Agoric platform allows developers to create dApps using JavaScript. Integration with Chainlink is already available in the Agoric test network, the project plans to launch its main network on Cosmos in 2021.

“For the first time, JavaScript developers will be able to write secure smart contracts for DeFi using off-network data from Chainlink oracles,” said Agoric CEO Dean Tribble. “The integration of Agoric with Chainlink will offer opportunities to obtain external data in the Agoric chain. JavaScript smart contracts can either directly request data or respond to events based on Chainlink oracles. This combination allows you to bring decentralized DeFi applications to market faster.”

Chainlink provides secure and accurate data for a variety of protocols, including the popular DeFi Synthetix, Kyber Network, and dYdX applications. Agoric will now also use Chainlink oracles to transfer data to its platform.

“With this integration, developers will be able to use Javascript to create smart contracts that are triggered by real-world data,” said Daniel Kochis, head of business Development at Chainlink. “We see this as an incredibly important step to include the world’s largest developer community in the fast-growing DeFi industry.”Recall that in July, Binance Smart Chain integrated the
Chainlink decentralized oracles, and Huobi was the first of the major exchanges to launch
a Chainlink node.