BGD Labs Announces the Integration of Chainlink Proof of Reserve onto the Aave Protocol

BGD Labs, a Web3 development initiative, and Chainlink, the industry-standard Web3 services platform, announced today the integration of Chainlink Proof of Reserve (PoR) onto the Aave Protocol on Avalanche mainnet. This integration helps ensure that wrapped tokens in Aave markets on Avalanche are sufficiently collateralized, mitigating risks associated with using wrapped tokens on the Aave protocol.