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Swell Joins Chainlink BUILD

Twitter icon  •  Published 1 year ago on February 19, 2024  •  Hassan Maishera

Chainlink announced via X on Friday that Swell, a liquid staking protocol has joined the Chainlink BUILD Program.

Swell Joins Chainlink BUILD

Chainlink announced via X on Friday that Swell, a liquid staking protocol has joined the Chainlink BUILD Program. As a part of BUILD, Swell aims to accelerate ecosystem growth and long-term adoption of Ethereum liquid staking and liquid restaking, by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security.

In return, Swell 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 less than 1% over the past 24 hours and is trading at $19.936 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.