Blockchain News

Chainlink Introduces SCALE Program to Drive Ecosystem Growth

Written by James Smith

Chainlink, the pioneering oracle service provider in the blockchain industry, has introduced the Chainlink SCALE program to help boost the growth of its ecosystem users.

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The Chainlink Scale program will accelerate access to oracle products and services for both Layer-1 and Layer-2 protocols.

The Chainlink SCALE program has drafted top protocols, including Avalanche, Metis, Moonbeam, and Moonriver, as its partners with the plan to onboard more later on. These partners will contribute to the SCALE program by covering the operating costs of using Chainlink Oracle.

“The Chainlink SCALE program allows us to boost the growth of the Metis developer ecosystem while helping ensure Chainlink oracles operate in a cost-efficient manner on the layer-2 Metis network. By providing enhanced access to Chainlink services, developers on Metis can pioneer the next generation of decentralized applications that serve more complex use cases and scale to meet fast-paced global markets.” – Elena Sinelnikova, Co-Founder and CEO of Metis.

The SCALE program is a mutually beneficial one and will see Chainlink contribute to its partners’ growth by creating custom-made oracle services for the protocols.

This program is a part of the broader Chainlink Economics 2.0, an initiative that seeks to enhance data access and security and at the same time, make accessing oracle services cheaper for everyone.

“We’re excited to introduce Chainlink SCALE as a way to help rapidly accelerate the growth of blockchain ecosystems while putting in place a holistic economic model that is viable for the long-term success of blockchains, dApps, and the Chainlink ecosystem,” said Sergey Nazarov, Co-Founder of Chainlink, adding that “We look forward to collaborating closely with a growing number of blockchain ecosystems in their mission of bringing Web3 to the world.”

As a pioneer in the oracle provision field, Chainlink has continued to set the pace with its innovations to make Web3.0 accessibility faster.

Image source: Shutterstock


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James Smith

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