Affine may be a single DeFi platform, but it is linked to many blockchains. To ensure that all these chains can communicate securely, they join CCIP Chainlink. Currently, Affine actively uses Polygon and Ethereum networks. Both have seen substantial growth in their decentralized banking systems.
This is a big step for Affine considering Chainlink’s track record of providing security and reliability in its Web3 domain. The CCIP Network also has an independent group called the Risk Management Network supporting them. It always monitors and monitors cross-chain processes against cyber-related thefts. Considering the previous experience of massive financial crisis due to cyber theft in the past, security measures like these are much needed.
After much consideration, Affine has decided to join Chainlink. They plan to use CCIP’s communications capabilities in their business operations. These features are essential in improving the cross-chain transfer process of NFTs. By establishing this connection, they enable the secure transfer of Affine Pass NFTs between chains.
Cyberwarfare incidents in cross-chain areas have caused huge economic losses, so it is essential to implement security measures. However, their decision to partner with Chainlink is important as it brings stability and credibility to the Web3 industry given Chainlink’s proven track record in this area.
In addition, the collaboration with the Risk Management Network allows them to verify and monitor transactions in the chain and effectively combat any suspicious activities. This collaboration is in line with CCIP’s goal to promote communication in all chains.
- Affine’s main goals are user accessibility and the best DeFi architecture. The innovative approach introduces NFTs that work seamlessly on Ethereum and Polygon platforms and provide platform benefits. By bridging the gap between finance and finance, Affine opens up a wide range of profitable opportunities on the Ethereum and Polygon networks.
- Affine is looking for an efficient way to connect to the internet for optimal NFT operation. Based on its many benefits, Chainlink CCIP was identified as the most cost-effective solution. Chainlink’s decentralized oracle network has powered more than $8 trillion in purchases and is the foundation of CCIP. This powerful technology has enabled countless investments, making it a reliable choice for investors. Designers with smooth CCIP experience can easily integrate circuits.
- Now that the sequence number requirements have been removed, individuals can connect as many blockchains as they see fit. This in turn gives everyone access to the shared system.
- CCIP can easily be improved to make significant progress. This includes adding new blockchains and features that will make it even better in the future.
Tarik Moon, who owns Multiplyr Inc. started and helped set up Affine Protocol, reflected on this partnership and said: “We chose to use Chainlink CCIP because it is very secure and easy for people to use. This aligns with our goal of making DeFi yield strategies available to everyone, delighting our users and providing them with more benefits.”
Dedicated to reinventing DeFi, Affine, functional on Ethereum and Polygon, aims to provide lucrative prospects while seamlessly merging traditional and decentralized financial systems.
