Chainlink Oracles

Chainlink’s decentralized metalayer of oracle networks allows smart contracts to seamlessly use and create an array of decentralized services that accelerate dApp development, enable cross-chain functionality, and harmonize disparate technologies.

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Blockchain Oracles for Hybrid Smart Contracts | Chainlink

CIAN leverages Chainlink Oracles to fetch accurate and real-time data on crypto asset pricing.

This data enables CIAN to calculate the percentage yield of supported strategies, alongside the mint and redemption functions for i.e. ylBTCLST. By integrating Chainlink, CIAN ensures that yield calculations are updated in near real-time, optimizing returns for users.

CIAN also uses Chainlink Oracles as a security check before accepting deposits into all CIAN Yield Layers/Vaults to ensure proper receipt tokens for all assets (i.e. ylstETH, ylrsETH) allocation calculations. This additional validation layer ensures that Yield Layers are safe, compliant with risk parameters, and operating under accurate market conditions.