PLEXUS Joins Chainlink BUILD Program to Supercharge Adoption of Cross-Chain Aggregator

PLEXUS
4 min readMay 2, 2023

We’re excited to announce that PLEXUS is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of our cross-chain DEX aggregator 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 and stronger incentive alignment between the Chainlink and PLEXUS 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 PLEXUS and realize the adoption of a secure and seamless cross-chain decentralized trading experience.

PLEXUS: Swap Any Asset on Any Blockchain

PLEXUS is a cross-chain DEX aggregator that aims to provide fast, secure, and low-cost multi-step swaps across all blockchain networks and bridges with a single transaction. With its Cross-Chain Routing Protocol (CCRP) based on the Theta algorithm and a focus on offering the best user experience, PLEXUS strives to become the best one-stop DeFi platform where anyone can seamlessly exchange any asset on any blockchain.

As more layer-1 and layer-2 networks are launched, the demand for cross-chain asset swaps between these networks increases. While there is clearly significant demand to swap assets between different blockchains, there is currently no solution that can seamlessly achieve this goal. PLEXUS aggregates DEXs, DEX aggregators, and bridges across blockchains so users can trade tokens across blockchains through an optimal path.

The main benefits of PLEXUS include:

  • Low-cost: PLEXUS’s Theta algorithm analyzes liquidity data collected from multiple chains to support the most optimal cross-chain transaction.
  • Simple: PLEXUS enables swapping between distinct chains in a single transaction.
  • Convenient: PLEXUS supports cross-chain swaps even if users do not have sufficient tokens to cover gas fees for each chain in their wallet.

Why We Joined Chainlink BUILD

PLEXUS joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, PLEXUS will receive key benefits, including integration of Chainlink Price Feeds to help calculate accurate cross-chain swaps and other Chainlink services in the future, plus access to new Chainlink product alpha and beta releases, among other benefits.

In exchange for these services, PLEXUS 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 a natively cross-chain DEX aggregator with stronger security assurances. We look forward to continuing our collaboration together and we welcome the passionate Chainlink community into the PLEXUS ecosystem.” — OSY CEO of PLEXUS.

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 PLEXUS

PLEXUS is the ultimate solution for seamless cross-chain swaps and blockchain mass adoption. With PLEXUS, users can swap tokens on different chains with cheap swap fees in just one transaction, thanks to the Theta algorithm, which analyzes liquidity data from multiple chains. PLEXUS also ensures secure cross-chain swaps using CCPR, a decentralized cross-chain communication technology.

It is simple to use, with the ability to swap between heterogeneous chains in a single transaction, eliminating the need for multiple steps. Say goodbye to complicated and time-consuming swaps between heterogeneous chains, and hello to the simple and efficient world of PLEXUS.

PLEXUS has achieved incredible success since its alpha launch, boasting over 1.3 million access unique wallets, 373.7K total transactions, and 24.5K verified accounts, PLEXUS is leading the way towards the future of Web 3.0. Join and see for yourself why PLEXUS is the top choice for cross-chain swap.

🔗Learn more about PLEXUS

🌍Website | 🖍Twitter | 📢Discord | 📞Telegram | 🌇Guild.xyz |

🪐Crew3 | 🌘Galxe

--

--

PLEXUS

PLEXUS is a cross-chain middleware infrastructure service for mass adoption of blockchain.