Interport Finance, a DeFi protocol offering fast cross-chain exchanges and bridging solutions, has joined the Chainlink BUILD program.
The project will leverage Chainlink’s oracle services and technical support to enhance its ecosystem. The Interport Finance team announced on Thursday that key areas of focus will include broader DeFi growth and the adoption of cross-chain swaps.
“We are excited to join Chainlink BUILD, which will give us advanced access to the industry-leading Chainlink platform and help accelerate the growth of Interport Finance,” said DSB, co-founder of Interport Finance. “By developing secure on-chain financial solutions and aligning our dynamic community with the Chainlink ecosystem, we are helping drive the widespread adoption of blockchain technology.”
Interport Finance targets the growth of the DeFi ecosystem
By joining the BUILD program, Interport adds to the Chainlink solutions that the protocol already leverages — including Chainlink CCIP for cross-chain transfers and Chainlink Price Feeds for real-world data.
“Our participation in BUILD furthers our integration with Chainlink, with the added benefits of initial support from the Chainlink ecosystem, increased access to key Web3 services, and stronger compatibility between the Chainlink and Interport communities,” the platform said. books.
This integration brings Interport closer to its mission of unifying the fragmented blockchain space and pushing the boundaries of cross-chain for the benefit of the broader DeFi ecosystem. BUILD will help maximize the potential for this through Chainlink’s secure and reliable infrastructure.
Interport’s product suite includes three products – cross-chain exchanges that allow users to trade tokens on any blockchain network; a bridge that allows assets to be transferred without additional trading fees; and a gas transfer feature that allows users to take advantage of cross-chain native token top-ups.
As part of the integration, Interport Finance will provide 5% of the total supply of the native ITP token to Chainlink service providers, including stakers. Interport will provide network fees to incentivize the Chainlink community.