Tau Protocol, Perpetuals DEX on Optimism, Joins Chainlink BUILD
We’re excited to announce that Tau Protocol is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of perpetuals trading 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.
We’re confident that through enhanced support, secure off-chain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of Tau Protocol and realize the adoption of our scalable, low-fee DEX.
Tau Protocol: Scaling Perpetuals Trading
Tau Protocol’s mission is to be the go-to dex for both professional and casual traders seeking to execute trading strategies at scale and speed. By leveraging the scalability of Optimism and the security of Chainlink, we’re able to provide our users with a low-fee and secure trading environment onchain.
Looking ahead, we plan to build upon our solution and incorporate various aspects of meme trading, real-world assets, semi/automated portfolio management, and fractionalized NFT into our protocol.
Why We Joined Chainlink BUILD
Tau Protocol joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Tau Protocol will receive key benefits, including access to new Chainlink product alpha and beta releases, and many other benefits.
In exchange for these services, Tau Protocol will make 6% 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 enhanced access to the industry standard decentralized computing platform. We welcome the passionate Chainlink community into the Tau Protocol ecosystem and look forward to securely scaling onchain trading on Optimism.” — Jon, CEO of TAU Protocol
About Chainlink
Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $10 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.
About TAU Protocol
TAU Protocol is a leading decentralized exchange specializing in perpetual contracts. Built on the cutting-edge technology of Layer 2 solutions, TAU Protocol offers a scalable, cost-effective, and secure trading platform. With support for up to 50x leverage on a variety of trading pairs, TAU Protocol empowers both professional and casual traders to execute sophisticated trading strategies efficiently.
Supported by robust partnerships within the blockchain ecosystem, including Chainlink and Optimism, TAU Protocol integrates the most reliable and high-quality data feeds to ensure the utmost accuracy and security in trading. Our platform is designed to be the ultimate destination for traders seeking advanced trading capabilities and transparent, real-time market interactions.
Start your journey to TAU Protocol here
