Chainlink announced via X on Thursday that Demether is joining Chainlink Build to gain enhanced access to Chainlink oracle services and technical support. Demether is an AI-native DeFi protocol building demAI, a suite of AI-powered vaults that automate access to yield strategies.
By joining Chainlink Build, Demether will receive key advantages related to security and reliability, including access to and integration of Price Feeds for reliable asset pricing, Automation for autonomous strategy rebalancing, CCIP for secure cross-chain asset transfers, new product alpha and beta releases, along with various other exclusive benefits.
In return, Demether will make a percentage of its total native token supply available to Chainlink service providers, including stakers.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 1.5% over the past 24 hours and is trading at $23.80 at press time.