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StaFi integrates Chainlink CCIP and Automation to help unlock cross-chain liquid staking

2023.10.09 - 11:33
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TechFlow reports, according to an official blog post, the liquid staking protocol StaFi has announced the integration of Chainlink CCIP on the Arbitrum, Ethereum, and Polygon mainnets. By leveraging CCIP's cross-chain messaging capabilities, StaFi aims to establish cross-chain asset rate synchronization, enabling staking rates from Ethereum to be securely transmitted to Arbitrum and Polygon.

StaFi also stated it will utilize Chainlink Automation to securely and cost-effectively trigger the RateSender contract on the Ethereum mainnet. As a result, the latest exchange rates for rETH and rMATIC can now be securely delivered via CCIP to Arbitrum and Polygon.

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