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ICHI Protocol Joins Chainlink BUILD

Twitter icon  •  Published 2 years ago on August 24, 2023  •  Hassan Maishera

Chainlink announced via Twitter on Wednesday that ICHI, a liquidity management protocol, has joined the Chainlink BUILD program.

ICHI Protocol Joins Chainlink BUILD

Chainlink announced via Twitter on Wednesday that ICHI, a liquidity management protocol, has joined the Chainlink BUILD program. By joining Chainlink BUILD, ICHI seeks to accelerate ecosystem growth and the long-term adoption of Yield IQ, an automated liquidity management protocol, by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security.

In return, ICHI will make a percentage of its total native token supply available to Chainlink service providers, including stakers. ICHI’s mission is to increase yields for DeFi users through its auto-liquidity manager, Yield IQ.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 3% over the past 24 hours and is trading at $6.319 at press time.

 

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.