NFT Mighty Llama uses Chainlink Price Feeds for USD Denomination


  • Mighty Llama, a Web3 NFT and gaming business, has added Chainlink Price Feeds to the Polygon mainnet.
  • NFT has access to the high-quality, tamper-resistant pricing feeds required to denominate MATIC prices in USD on Polygon.
  • It gives consumers greater assurance that digital asset values in USD-denominated terms will remain stable when paying in MATIC.

Mighty Llama NFT, an NFT-based Web3 game and animation project, has announced the integration of Chainlink Price Feeds on the Polygon mainnet. Mighty Llama chooses Chainlink because infrastructure is easy to incorporate and has been proven in production. 

Chainlink already helps to secure leading DeFi protocols, which are responsible for tens of billions of dollars in smart contract value. While maintaining robust protection and  accessibility in the face of unexpected events like exchange downtime, flash crashes, and data manipulation attacks via flash loans.

The Mighty Llama NFTs are free to mint and serve as the foundation for the Mighty Llama NFT ecosystem. Xbloklabs has a native, utility-based in-game token, Xblok, to help fuel that ecosystem. Members can use this token to purchase NFTs and in-game assets.

A volume-weighted average of all trading settings should be used to determine fair market asset values. That’s why Mighty Llama employs an oracle network to receive aggregated pricing data off-chain and provide it on-chain to our application.

Decentralization is a promising idea that eliminates centralized points of failure and delivers enhanced security and confidence to dApp users. Implementing decentralized solutions, on the other hand, can be difficult and time-consuming.

Chainlink services provide an efficient and cost-effective solution to this problem, allowing artists and developers to focus on innovation and user experience rather than infrastructure.

Bardia Suny, Co-Founder, and CTO: 

With Chainlink, we can quickly access high-quality Web3 services, allowing us to explore new frontiers in the area of blockchain and crypto.