What it means
The most used oracle network, which supplies prices and other data to smart contracts.
Many lending markets on Base read their prices from Chainlink feeds.
How it works
See oracle for why this matters.
Related terms
| Term | What it means |
|---|---|
| Oracle | A service that brings outside data, such as prices, onto a blockchain for smart contracts to use. |
| Liquidation | When a lending protocol sells a borrower's collateral because its value has fallen too close to the loan. |
This glossary explains terms in general. It isn't investment, tax or legal advice.