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NEX Joins the Chainlink BUILD program

Twitter icon  •  Published hace 3 meses  •  Hassan Maishera

Chainlink announced via X on Wednesday that NEX is officially joining the Chainlink BUILD program.

Chainlink announced via X on Wednesday that NEX is officially joining the Chainlink BUILD program. NEX provides indices for investors looking to rotate from one sector to another, such as cloud computing, memecoins, and L2s, and easily de-risk their portfolio into RWAs and hybrid indices.

As a part of BUILD, NEX aims to accelerate ecosystem growth and long-term adoption of index products by gaining enhanced access to Chainlink’s oracle services and technical support, as well as incentivizing greater cryptoeconomic security.

In return, NEX will make 3.5% of its total native token supply available to Chainlink service providers, including stakers.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 4% over the past 24 hours and is trading at $17.345 at press time.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.