Sonne Finance, Non-Custodial Liquidity Market Protocol, Joins Chainlink BUILD
We’re excited to announce that Sonne Finance is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of onchain lending/borrowing 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.
Sonne Finance has long been an active participant and believer in Chainlink, currently using Chainlink Price Feeds. Our participation in BUILD furthers our integration with Chainlink, with added benefits of priority support from the Chainlink ecosystem, increased access to dApps needing an EVM-compatible lending/borrowing protocol, and stronger incentive alignment between the Chainlink and Sonne Finance 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 Sonne Finance and realize the adoption of onchain finance.
Sonne Finance: Fully Decentralized, Transparent, and Non-Custodial Peer-To-Peer Lending
Sonne Finance is an EVM-compatible lending/borrowing protocol that launched on Optimism and expanded to Base. Our mission is to be the prime liquidity market for OP Stack chains and enable cross-chain lending operations. In the future, we strive to provide a solution for collateralizing real-world assets, such as real estate, onchain.
Why We Joined Chainlink BUILD
Sonne Finance joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Sonne Finance will receive key benefits, including access to and integration of Chainlink CCIP and Automation, access to new Chainlink product alpha and beta releases, among other benefits.
In exchange for these services, Sonne Finance 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-standard oracle services, technical support, and a robust cryptoeconomic model that empowers us to build Sonne Finance with greater security assurances. Chainlink is critical for helping to secure our protocol and enable liquidity to flow across the onchain economy. ” — Atakan Yelkovan.
About Chainlink
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.
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 Sonne Finance
Sonne Finance is a decentralized lending protocol for individuals, institutions, and protocols to access financial services. It is a permissionless, open-source, and Optimistic protocol serving users on Optimism. Users can deposit their assets, use them as collateral and borrow against them.
