Hassan Maishera
Chainlink announced on Monday via X that Xitadel is joining Chainlink Build to gain enhanced access to Chainlink oracle services and technical support, which helps support the security and use of its Liquid Treasury Tokens (LTTs) on Solana.
Xitadel is a Web3 protocol for Liquid Treasury Tokens (LTTs) on Solana, enabling projects to access capital through an overcollateralized, fixed-term bond product—LTTs. These LTTs are tradable on onchain markets with deep liquidity, unlocking a $100B+ opportunity in crypto fixed income.
As part of Build, Xitadel will receive key benefits related to security and reliability, including access to and integration of Price Feeds to secure real-time liquidations by helping to calculate the net value of collateral, CCIP for multi-chain support, new product alpha and beta releases, along with various other exclusive benefits.
In return, Xitadel 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 data inputs and outputs for smart contracts on any blockchain. LINK is down 3.09% over the past 24 hours, trading at $24.18 at press time.
