Mycelium is officially joining the Chainlink BUILD Program. As a part of BUILD, they aim to accelerate ecosystem growth and the long-term adoption of Mycelium’s DeFi products by gaining enhanced access to Chainlink’s industry-leading oracle services and high-quality technical support, as well as incentivizing greater cryptoeconomic security. In exchange, they will commit to paying network fees and offer other benefits to the Chainlink community and service providers, including stakers.

Having operated a Chainlink node since 2019 and with a proven history of delivering data for over 1,000 data feeds to 10+ blockchains, Mycelium has long been an active participant and believer in Chainlink. Our participation in BUILD furthers the integration with Chainlink, with the added benefits of priority support from the Chainlink ecosystem, increased access to dApps needing Chainlink Price Feeds, and stronger incentive alignment between the Chainlink and Mycelium communities.

An Ecosystem of DeFi Services

Since 2019, Mycelium has been building smart contracts for the decentralized economy. Akin to Chainlink’s vision to connect individuals to new markets and information in a trust-minimized environment, Mycelium is committed to offering efficient and accessible financial infrastructure that unlocks new financial opportunities. Currently, they’ve started with two flagship DeFi offerings on Arbitrum: Mycelium Perpetual Swaps and Mycelium Perpetual Pools. In simple terms, both offer users a platform to manage and take risk on the digital assets that matter to them. In traditional markets, these products are siloed and closed systems, but with Mycelium’s smart contracts – and the help of Chainlink’s decentralized oracle networks (DONs)

About Chainlink

Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.

About Mycelium

Mycelium is the connective tissue for global digital markets. Since 2019 Mycelium has built core blockchain infrastructure, contributing to an ecosystem which delivers more accessible, equitable, and efficient financial markets to users. Establishing one of the first Verified Chainlink Oracle Node’s in 2019, and later launching two decentralized derivative products – Perpetual Pools and Perpetual Swaps – Mycelium’s mission is to provide trusted, secure tools that empower individuals to invest and create their own financial future on-chain.

SOURCE:

https://mycelium.xyz/blog/mycelium-chainlink-build-announcement