Partnership goal is to monetize data by either selling to the Chainlink Network or running a Chainlink Node to sell directly to blockchains.
CODI Finance, a new DEX protocol powered by Solana Blockchain, is a fully decentralized ecosystem. By leveraging Solana’s high-speed, low-latency, and low transaction costs, CODI aspires to be the “ultimate decentralized exchange.” Furthermore, CODI wishes to improve the DeFi industry’s DEX sector by creating a platform with an appealing and user-friendly interface, as well as a diverse set of features.
The Solana-based all-in-one DeFi protocol aims to build a progressive ecosystem where users may get DeFi products faster and cheaper within the Solana ecosystem. As stated above, the CODI ecosystem comes with three primary features, offering the protocol an edge over most platforms across the entire DeFi space.
The CODI Ecosystem employs the Decentralized Autonomous Organization (DAO) to assist in establishing a proper governance structure in which every user is a stakeholder. Community members will be able to vote on new features, cooperations, and other integrations to help the ecosystem become a fully decentralized platform.
This is why we partnered with project Chainlink to monetize our data by either selling to the Chainlink Network or running a Chainlink Node to sell directly to blockchains. Given there are 100’s of blockchains and more to come in the future, integrating with all of them individually is time-consuming, has a high opportunity cost (developer time), and is not future-proof. Chainlink is a “one-stop-shop” that has evolving blockchain connections and high convenience. This means there’s no need to modify existing backend systems or business models to make themselves compatible with other blockchains.
Chainlink is very important for evolving blockchain connections and with very high convenience. This means there is no need to modify existing backend systems or business models to make themselves compatible with other blockchains.