June 22, 2023
We’re excited to announce that Lympid is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of Web3 by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security, in exchange for a commitment to provide network fees and other benefits to the Chainlink community and service providers, including stakers.
Our participation in BUILD furthers our integration with Chainlink, with added benefits of priority support from the Chainlink ecosystem, increased access to dApps aiming to capture a larger share of Web3-curious users, and stronger incentive alignment between the Chainlink and Lympid communities.
We’re confident that through enhanced support, secure off-chain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of Lympid and realize the adoption of a seamless and connected DeFi ecosystem.
Lympid is a Web2 platform that simplifies access to multichain DeFi protocols by offering a neobank-like experience with a heavy focus on optimizing users’ experiences. Lympid eliminates complex concepts such as gas fees, contract approvals and the like, giving both Web3-curious and experienced users the tools to easily access the larger DeFi economy while using the financial tools that they know and love, and providing the comfort of an IBAN account.
Simply put, Lympid serves as an all-in-one platform for users to enter the Web3 economy, access the industry's most secure and reliable DeFi protocols, gain exposure to staking yields or baskets of digital assets that represent the metaverse, DeFi economy, NFT ecosystem, and more. Lympid's ethos is to make life easier for users in the crypto space by offering access to the best in class Web3 products, directly from euro. Additionally, Lympid provides Web3-curious users with a platform to learn about the project and protocols that are pioneering Web3 innovation, as well as the fundamental concepts (i.e., gas fees) that are necessary to comfortably and safely interact with the Web3 economy.
Lympid joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Lympid will receive key benefits, including access to and integration of secure decentralized price data feeds through Chainlink Price Feeds and access to new Chainlink product alpha and beta releases, among other benefits.
In exchange for these services, Lympid has committed multiple percentage points of its total token supply to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support one another.
“Chainlink connects the world of traditional infrastructure with the cutting-edge financial railroads that blockchains represent. As a Web2 platform that also serves as a bridge for users to enter Web3 world, we were excited to join Chainlink BUILD to gain access to industry-standard oracle services, technical support, and a robust cryptoeconomic model that empowers us to build Lympid with greater security assurances. We look forward to continuing our collaboration together and we welcome the passionate Chainlink community into the Lympid ecosystem.”— André Lages, Co-founder of Lympid.
Chainlink is the industry-standard Web3 services platform and 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.
Lympid is a Web2 platform streamlining access to multichain DeFi protocols through a neobank-like experience. It simplifies the user experience by allowing access to crypto protocols from euro in an IBAN account, removing complexities like gas fees and contract approvals, therefore enabling both novices and experts to conveniently access the DeFi economy with familiar financial tools. In essence, Lympid is an all-in-one platform for entering the Web3 economy, accessing secure DeFi protocols, staking yields, and a range of digital assets, all with the goal of simplifying the user's crypto journey.