Dexponent joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Dexponent will receive key benefits, including access to and integration of Chainlink Data Feeds and Proof of Reserves as critical elements for building an institutional liquid staking platform, Chainlink Functions to help dynamically price trades and lending rates, and access to new Chainlink product alpha and beta releases, among other benefits. Chainlink’s institutions will also be able to seamlessly integrate into Dexponent and get on chain risk free yields from networks such as Ethereum and upcoming high value chains focused on AI computations and Zero Knowledge Proofs.

In exchange for these services, Dexponent will make a percentage of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support one another.

“We’re thrilled to be joining Chainlink BUILD. Chainlink services are not only mission-critical for building Dexponent’s institutional platform, but Chainlink is the industry-standard gateway for institutions to onboard onto Web3. For a platform like Dexponent, aligning ourselves with the Chainlink ecosystem through the BUILD program was a no-brainer because what Dexponent aims to accomplish inherently requires Chainlink” — Sid Pillai, Co-Founder at Dexponent.