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Interport Finance Joins Chainlink BUILD Program to Enhance Its Cross-Chain Ecosystem

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2024-07-18 20:29:21432browse

A cross-chain trading platform, Interport Finance announced its participation in the Chainlink BUILD program to enhance its ecosystem with oracle services and technical support.

Interport Finance Joins Chainlink BUILD Program to Enhance Its Cross-Chain Ecosystem

Interport Finance, a cross-chain trading platform, announced its participation in the Chainlink BUILD program on Thursday, aiming to enhance its ecosystem with Chainlink’s oracle services and technical support.

The collaboration will focus on integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable seamless cross-chain transfers and Chainlink Price Feeds to provide reliable real-world data for Interport Finance’s platform.

Moreover, Interport Finance will receive priority support from Chainlink, gain access to Web3 services, and benefit from deeper community alignment through BUILD.

This integration is set to advance Interport Finance’s mission of unifying the fragmented blockchain landscape and expanding cross-chain capabilities for the broader DeFi ecosystem.

Interport Finance’s platform offers a suite of products, including cross-chain swaps that allow users to trade tokens across different blockchain networks, a bridge that facilitates fee-free asset transfers, and a gas transfer feature to efficiently refill multi-chain tokens.

As part of their collaboration with Chainlink, Interport Finance plans to allocate 5% of its native token (ITP) to Chainlink service providers and stakers, covering network fees and incentivizing the Chainlink community.

This partnership marks a significant step for Interport Finance in enhancing its DeFi solutions and strengthening its position within the blockchain ecosystem.

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