The Chainlink Build program fosters promising early-stage startups and established projects in Chainlink’s ecosystem. Participants receive benefits including enhanced access to essential Chainlink infrastructure, new product alpha and beta releases, and technical support, in exchange for paying fees that incentivize Chainlink service providers, boost the network’s cryptoeconomic security, and advance the web3 industry as a whole.
This week, Carmine Options, a DeFi platform on Starknet offering innovative risk management tools for crypto, announced it’s joining Build to accelerate its ecosystem’s growth and enable the creation of highly secure and reliable DeFi tools through Chainlink’s industry-leading oracle services.
Carmine Options offers a suite of advanced tools for independent risk management, price volatility protection, and DeFi governance, including DeRisk, Options AMM, and a governance framework that facilitates token creation, distribution, and staking within Starknet protocols. The platform’s goal is to cultivate a secure, reliable, globally accessible DeFi environment through practical solutions that ensure users can safeguard their investments.
By participating in Build, Carmine Options plans to integrate Chainlink Price Feeds for high-quality, tamper-proof market data needed to power DeFi applications and Cross-Chain Interoperability Protocol (CCIP) to securely access the cross-chain ecosystem.
As the industry-leading decentralized computing platform, Chainlink provides a comprehensive set of services that are critical for scaling onchain finance to billions of global users. Price Feeds and CCIP leverage Chainlink’s time-tested decentralized oracle infrastructure, which has securely and reliably enabled over $14 trillion in transaction value, even during volatile market conditions and adverse events such as flash loan attacks.
In an official announcement, Carmine Options’ founder, Marek Hauzr, described joining Build as a significant milestone for the platform.
“By integrating Chainlink’s industry-standard services we will enhance the security, reliability, and innovation of our platform,” he said. “Through enhanced support and secure offchain services provided by Chainlink, we are confident in increasing the adoption of Carmine Options and realizing our vision where DeFi is accessible and secure for all.”
To learn more about Carmine Options, visit their website, X, Discord, and GitHub.