DeFi giant MakerDAO integrates blockchain data provider Chainlink for DAI stablecoin
MakerDAO, one of the largest decentralized finance (DeFi) platforms, successfully onboarded blockchain data provider Chainlink’s smart contract automation into its Keeper system that maintains the stability of Maker’s DAI stablecoin.
Chainlink Automation will run specific tasks, including price updates, liquidity balancing for the DAI Direct Deposit Module (D3M) and debt ceiling upgrades for assets held as collateral.