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.
The announcement, made by Interport Finance on Thursday, highlights their commitment to accelerating DeFi growth and adoption of cross-chain swaps.
Co-founder DSB expressed enthusiasm about the partnership, stating, “We’re excited to join Chainlink BUILD, which will give us advanced access to Chainlink’s industry-leading platform and help accelerate the growth of Interport Finance.”
Key aspects of the collaboration include utilizing Chainlink’s CCIP for seamless cross-chain transfers and integrating Chainlink Price Feeds for reliable real-world data. By joining BUILD, Interport Finance gains priority support from Chainlink, enhanced access to Web3 services, and deeper community alignment.
This integration is expected to advance Interport Finance’s mission of unifying the fragmented blockchain landscape and expanding cross-chain capabilities for the broader DeFi ecosystem. BUILD’s support will maximize its potential through Chainlink’s secure oracle infrastructure.
Interport Finance provides a suite of products that includes cross-chain swaps, enabling token trading across different blockchain networks, a bridge that facilitates fee-free asset transfers, and a gas transfer feature for efficiently refilling 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. This initiative aims to incentivize the Chainlink community by covering network fees.
The partnership marks a significant step for Interport Finance in enhancing its DeFi solutions and strengthening its position within the blockchain ecosystem. With Chainlink’s support, they aim to drive innovation and adoption across decentralized finance.
This move underscores Interport Finance’s proactive approach to leveraging top-tier industry partnerships for sustainable growth and technological advancement in DeFi.
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