Chainlink announced via Twitter on Tuesday that Merlin Protocol is officially joining the Chainlink BUILD program. Merlin Protocol seeks to accelerate ecosystem growth and long-term adoption of our real-world asset (RWA) liquidity protocol by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security.
In return, Merlin Protocol will make 3% of its total native token supply available to Chainlink service providers, including stakers. Merlin Protocol is an RWAs asset management protocol based on the Decentralized Governance Mechanism (DAO).
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 1% over the past 24 hours and is trading at $7.438 at press time.