Aave integrates Chainlink’s proof of reserves on Avalanche via BGD Labs
Chainlink’s Proof of Reserve feature is now available on Aave lending platform on the Avalanche blockchain for on-chain verification and transparency of lending markets.
As one of the potential challenges with using wrapped tokens being the security risks associated with them. The Chainlink PoR integration will enable users to verify that Aave markets are collateralized and reduce the risks of using wrapped tokens by providing automated on-chain data feeds.