Gravita has recently upgraded its weETH data solution from Redstone to the industry-standard Chainlink Price Feeds. This strategic decision is aimed at enhancing the security and reliability of their platform. The deployment is now active for Ether_fi’s weETH Vessels across Arbitrum, Ethereum, and LineaBuild.
1/ 🛡️ We’re thrilled to announce the migration of our weETH data solution from Redstone to the industry-standard @chainlink Price Feeds!
This upgrade guarantees enhanced security. The deployment is now live for @Ether_fi’s weETH Vessels on @arbitrum, @ethereum, and @LineaBuild. pic.twitter.com/rXq75b2JHJ
— Gravita Protocol (@gravitaprotocol) July 4, 2024
Improved Security and Dependability
Chainlink’s decentralized computing platform has a proven track record of delivering secure and precise market data. This upgrade is essential for upholding the stability and security of GRAI, Gravita’s debt token, which is the platform’s core offering.
This enhancement aligns with Gravita’s dedication to providing the most secure DeFi products. By embracing Chainlink’s battle-tested infrastructure, Gravita underscores its advocacy for security-first industry standards within the DeFi realm. This move demonstrates their commitment to furnishing users with the most secure and dependable decentralized financial products.
