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, onchain yield platform DualMint announced it’s officially joining Build to connect essential businesses to DeFi and support sustainable onchain finance.
With over $50 million in assets under administration across 15 countries, DualMint brings “boring” but reliable SME companies such as laundromats, vending machines, ATM networks, and vertical farms onchain as tradable tokenized real-world assets (RWAs). Its proprietary Boring Index Vault and tokenized single-asset offerings democratize access to recession-proof, revenue-generating cashflow backed by vital community infrastructure.
As the standard for onchain finance, Chainlink has enabled over $25 trillion in transaction value and provides key oracle services for a spectrum of RWA issuers including global financial institutions such as ANZ and Fidelity International. As a member of Build, DualMint will integrate Chainlink Data Feeds to enable secure markets around its SME vault yields and Proof of Reserve to ensure SME repayments and liquidity buffers are fully collateralized.
“We’re excited to join Chainlink Build to gain access to the Chainlink standard and connect small businesses to DeFi, technical support, and a robust cryptoeconomic model that empowers us to build DualMint with greater security assurances,” said DualMint co-founder Bill Lee in an official announcement.
“We look forward to continuing our collaboration together and we welcome the passionate Chainlink community into the DualMint ecosystem.”
To learn more about DualMint, visit their website, X, and Telegram.