SmartPy Receives Grant to Integrate Chainlink Price Feeds on Tezos

The Chainlink Community Grant Program provides financial resources to the many development teams and researchers building a more functional and accessible Chainlink Network. We encourage talented individual developers and development teams to apply to the grant program here, or if you are a researcher and want to collaborate, contact us.

We’re excited to announce that Smart Chain Arena, the team behind the widely-used Tezos smart contracts programming language SmartPy, has been selected as a recipient of a blockchain integration grant from the Chainlink Community Grant Program. The grant will see SmartPy provide Tezos developers with several key Chainlink functionalities to build more advanced and secure smart contracts applications, including:

  • Integration of Chainlink Price Reference Data Feeds as a means of giving all Tezos DeFi developers access to both the largest collection of live decentralized price oracles in the market and a framework for quickly and securely launching new oracle networks for a variety of in-demand market datasets.
  • Built out a more advanced monitoring system for the cross-chain integration, creating a more robust set of native tools and services to support the many DeFi projects building on Tezos, such as continual upgrades of the Chainlink node infrastructure, system of contracts, and much more.

SmartPy is an intuitive and effective smart contract language and development platform for Tezos. Users are able to write smart contracts in Python along with tests and immediately get simulation and other analytics feedback on their contracts. SmartPy is a real Python library which means contracts can freely inherit other contracts, import or share code, and more, which is summarized by a meta-programming approach. This gives SmartPy a unique and seamless programming experience that is especially useful when dealing with multi-stage computations as is the case with oracles.

Tezos is a decentralized, public blockchain that evolves by upgrading itself. The protocol’s on-chain governance system, Proof-of-Stake (PoS) consensus algorithm, and ability to facilitate formal verification of smart contracts, make Tezos an attractive solution for high-value financial applications and thus an important platform to launch Chainlink Price Feeds on.

“We’re excited to be awarded a Chainlink Community grant to expand the Chainlink Network by integrating its widely used Price Feeds into the Tezos blockchain,” stated Smart Chain Arena. “As a highly experienced dev shop that’s intimately familiar with Tezos and Chainlink, we look forward to giving Tezos developers access to Chainlink’s ready-made and proven decentralized price oracles to support the launch of next-generation DeFi applications on Tezos in a secure, yet accelerated manner.”

Through the Chainlink Community Grants program, we look forward to continuing to empower more and more Chainlink ecosystem teams and researchers who are both researching and building key tools and infrastructure that accelerate the development of universally connected smart contracts and secure oracle networks. We will continue supporting the community as a key driver of Chainlink’s rapid growth, because only together can we make universally connected smart contracts into the dominant form of digital agreement.

If you want to learn more about the Grant Program, check out our recent blog post that further expands upon its goals and the criteria for submission. If you would like to participate in the Chainlink Grant Program, please apply here. Chainlink Community Grants are provided in Cash and/or LINK.

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