Coggi NFT launches first collection on Core Mainnet

Keeper, ZK-Rollup, JPEGz, Wrapped Tokens

Chainlink teamed up with several high-profile projects across the crypto universe this week, announcing a partnership with one Decentralized Finance (DeFi) pioneer, an innovative Layer-2 solution, a new NFT marketplace index token and an important liquidity protocol.

In this week’s recap:

MakerDAO adds automation to Keeper

MakerDAO has included Chainlink Automation as part of the Keeper Network.

“The sophisticated technology and tools that quietly but constantly run in the background to ensure DAI’s stability rely on MakerDAO’s Keeper Network. This network of automated bots performs important tasks to maintain the Maker protocol and will be greatly expanded through the integration with Chainlinks recognized hyper-reliable automation platform,” said Nadia Álvarez of MakerDAO’s Growth Core Unit, in a press release.

MakerDAO governs the basic DeFi lending protocol Maker Protocol and created the DAI stablecoin.

Automation will run specific tasks on the Maker Protocol smart contract system, such as Maker Oracle’s price updates, liquidity balancing for the DAI Direct Deposit Module, and debt ceiling upgrades for assets held as collateral. The addition of automation to third-party “Keepers” that perform tasks for the Maker Protocol enhances the decentralization of Maker and DAI’s core functions.

“The development of the technology that supports stablecoins is a necessary component to unlocking the future of finance. As more and more traditional financial institutions partner with MakerDAO and consider the applicability of DeFi, the necessary underlying infrastructure becomes increasingly complex,” Chainlink’s VP of Go-To -Market Johann Eid said: “Integrating Chainlink with MakerDAO demonstrates the necessity of high-performance automation infrastructure and indicates a prosperous future for decentralized financial services.”

Chainlink + Starknet

Starknet joins the Chainlink SCALE program to accelerate the growth and adoption of the Ethereum Layer-2 solution. Meanwhile, Chainlink Price Feeds are already on Starknet’s testnet and will soon go live on the mainnet.

“Ultimately, we are excited to establish a sustainable system where Chainlink Labs and StarkWare are aligned to expand application development on Starknet for the long term,” according to a StarkWare Medium post.

Starknet is a ZK-Rollup that aims to solve scaling issues with the Ethereum network. As part of the SCALE program, the yet-to-be-released $STKR will cover certain operational costs for Chainlink oracle nodes on Starknet.

NFT Index Token JPEGz

Cryptex Finance has integrated NFT Floor Price Feeds to launch JPEGz, the first NFT Market Cap Index token.

“Cryptex is thrilled to announce the creation of JPEGz, a fully security-protected, data-backed index token that provides market capitalization exposure to the NFT sector,” said Cryptex co-founder Joe Sticco in a Medium post. “The robust calculation and secure delivery of NFT floor price data from Coinbase Cloud and Chainlink help support the growth of this unique asset class.”

The JPEGz token will track the following Non-Fungible Token (NFT) collections: Azuki Official, Bored Ape Yacht Club, CloneX, Cool Cats, CrypToadz, CryptoPunks, Doodles, Mutant Ape Yacht Club, Vee Friends and World of Women.

Cryptex had already integrated Chainlink oracle services and price feeds for its TCAP index token which tracks the total crypto market cap.