Merlin Protocol Joins Chainlink BUILD!

Merlin Protocol
3 min readAug 8, 2023

We’re excited to announce that Merlin Protocol is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of our real-world asset (RWA) liquidity protocol 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 Web3 users looking for RWAs, and stronger incentive alignment between the Chainlink and Merlin Protocol 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 Merlin Protocol and realize the adoption of real-world assets in Web3.

Merlin Protocol: Bringing RWAs Into Web3

Merlin Protocol is a decentralized autonomous organization (DAO)-based RWA asset management protocol that introduces a comprehensive incentivized governance system. This enhances transparency and openness in RWA asset investment, fostering a more efficient asset management ecosystem.

Moreover, Merlin pioneers a trustless, decentralized cross-chain bridge. Through smart contracts and oracle technology, the resulting MBTC stablecoin circulates within the EVM ecosystem. MBTC holds a key role in the RWAs project vault, participating in global RWAs investments. This synergy of BTC and RWAs assets contributes to the long-term growth and value of the entire crypto ecosystem, driving its development and prosperity.

Why We Joined Chainlink BUILD

Merlin Protocol joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Merlin Protocol will receive key benefits, including access to and integration of secure and reliable price data through Chainlink Price Feeds and access to new Chainlink product alpha and beta releases, among other benefits.

In exchange for these services, Merlin Protocol will make 3% of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives enable both communities to support one another.

“We’re excited to join Chainlink BUILD to gain access to industry-leading Web3 services, technical support, and a robust cryptoeconomic model that empowers us to bring real-world assets into Web3. We look forward to continuing our collaboration together and welcome the passionate Chainlink community into the Merlin Protocol ecosystem.” — Eason Zhao, Co-Founder of Merlin Protocol

About Chainlink

Chainlink is the industry-standard Web3 services platform and has enabled trillions of dollars in transaction volume across DeFi, on-chain finance, 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.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link. To discuss an integration, reach out to an expert.

About Merlin Protocol

Merlin Protocol is an RWAs asset management protocol based on the Decentralized Governance Mechanism (DAO). Merlin will revolutionize the way RWAs assets are managed and invested, by oracle and smart contract technology, to build a more efficient and transparent asset management ecosystem for the mission of Empowering Investors, Democratizing Real World Asset Ownership!

Learn more about Merlin by visiting:

Web:https://merlinprotocol.org/

Twitter:https://twitter.com/ProtocolMerlin

Discord:http://discord.gg/mTknuwc4y6

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