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XSwap, Cross-Chain Swaps Protocol, Joins Chainlink BUILD

Twitter icon  •  Published 2 years ago on December 11, 2023  •  Hassan Maishera

Chainlink announced via X (formerly Twitter) on Friday that XSwap is officially joining the Chainlink BUILD program.

XSwap, Cross-Chain Swaps Protocol, Joins Chainlink BUILD

Chainlink announced via X (formerly Twitter) on Friday that XSwap is officially joining the Chainlink BUILD program. XSwap is a cross-chain swaps protocol that is powered by Chainlink CCIP.

As a part of the BUILD program, XSwap seeks to accelerate ecosystem growth and long-term adoption of cross-chain asset swaps by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security.

In return, XSwap will make 6.5% 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 8% over the past 24 hours and is trading at $15.024 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.