Chainlink announced via X (formerly Twitter) on Wednesday that Fyde Treasury Protocol is officially joining the Chainlink BUILD program. Fyde Treasury is an asset management protocol.
As part of BUILD, Fyde Treasury aims to accelerate the growth of its ecosystem and the long-term adoption of decentralised endowments for crypto treasury management supported by increased access to Chainlink’s industry-leading oracle services, first-class technical support, and enhanced incentivized cryptoeconomic security. In return, Fyde will make 3% 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 4% over the past 24 hours and is trading at $10.983 at press time.