Decubate and Chainlink Labs Join Forces in Channel Partnership

• Web3 scaling platform Decubate has launched a channel partnership with Chainlink to offer developers in its BUILD program tools such as a launchpad, incubation and vesting.
• Chainlink BUILD users can now leverage Decubate’s token management system, tokenomics consultancy, market-making services, and more, which could cut build time by over 90%.

Decubate, an all-in-one scaling solutions provider for Web3 projects, has announced a partnership with Chainlink  Labs to offer developers in its BUILD program advanced tools and speed up the development process.

Under the partnership, Chainlink BUILD members will leverage the market-leading tools Decubate offers, which the company says can cut down the development time by 95%.

.@decubate has established a channel partnership with @chainlinklabs.

This partnership helps support Chainlink BUILD members by providing them with access to Decubate’s launchpad, incubation and advisory services, vesting and staking portals, and more.

— Chainlink (@chainlink) January 29, 2024

Decubate aims to offer users solutions that make developing decentralized apps on Web3 easier, faster, less costly and straightforward. One of its main offerings is a no-code turnkey token management system that can reduce the build time by 95%. It also offers market-making services, token minting, and tokenomics services.

Commenting on the new partnership, Decubate CEO Elliot Hagemeijer pointed out that it will push the BUILD ecosystem to new heights and the members’ dApss to mass adoption.

He added:

We aim to help fuel the next wave of on-chain innovation by providing Web3 projects with the services and tools they need to launch and grow successfully. This channel partnership with Chainlink Labs will help us further our ecosystem goals and help support Chainlink BUILD members in scaling the Web3 ecosystem to mass adoption.

Chainlink BUILD launched in September 2022 as part of the Chainlink Economics 2.0 rollout. It provides enhanced access to its developer services and technical support, and in return, it secures commitments of incentives such as network fees to stakers and other service providers. bitsCrunch, Truflation and Space and Time were the first participants.

Chainlink BUILD Spurs Ecosystem Growth

Chainlink’s ecosystem has continued to record growth, expanding the network beyond being a mere oracle network to a thriving decentralized community. Chainlink BUILD is one of the critical gateways for this growth.

A week ago, cross-chain aggregator and bridge OMO Swap announced that it was joining BUILD’s incubation program. OMO’s integration of Chainlink’s technology allowed it to tap into the world-leading oracle network, enabling the aggregator to leverage external data sources.

Around the same time, Lendr Network announced it would integrate with the BUILD program to promote its tokenization products. Lendr committed to providing network fees in exchange for tapping into Chainlink’s oracle network and the ecosystem’s technical support.

Lendr will also benefit from off-chain authentication for its proof of reserve offering, Chainlink’s CCIP for secure cross-chain messaging and asset transfer and the high-level market data that Chainlink’s Price Feeds offer.

LINK token is trading at $15 at press time, gaining 3% in the past day as its volume shot up 18% to hit $429 million. In the past week, it has reversed a downtrend that had erased some of the gains from its monstrous surge in the past three months of last year.